A8672A-2011 Actions

• Jul 18, 2012: signed chap.226
• Jul 6, 2012: delivered to governor
• Jun 21, 2012: RETURNED TO ASSEMBLY
• Jun 21, 2012: PASSED SENATE
• Jun 21, 2012: 3RD READING CAL.1481
• Jun 21, 2012: SUBSTITUTED FOR S7502
• Jun 4, 2012: REFERRED TO CIVIL SERVICE AND PENSIONS
• Jun 4, 2012: delivered to senate
• Jun 4, 2012: passed assembly
• Jun 1, 2012: advanced to third reading cal.695
• May 31, 2012: reported
• May 15, 2012: reported referred to ways and means
• Feb 16, 2012: print number 8672a
• Feb 16, 2012: amend and recommit to governmental employees
• Jan 4, 2012: referred to governmental employees
• Oct 27, 2011: referred to governmental employees

A8672A-2011 Votes

A8672A-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 8672--A
 2011-2012 Regular Sessions
 I N  ASSEMBLY
 October 27, 2011
 
 Introduced  by  M. of A. KOLB -- read once and referred to the Committee
 on Governmental Employees -- recommitted to the Committee  on  Govern
 mental Employees in accordance with Assembly Rule 3, sec. 2 -- commit
 tee  discharged, bill amended, ordered reprinted as amended and recom
 mitted to said committee
 

AN ACT granting retroactive tier IV membership in the New York state and
 local employees' retirement system to Tamara Hemminger
 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section 1. Notwithstanding any other provision of law, Tamara Hemming
 er,  a  member  of  the  New  York state and local employees' retirement
 system, who was employed on December 7, 2009, by the department of labor
 as a labor services representative, who filed a  membership  application
 in such system on December 17, 2009, which should have given her Tier IV
 status  but  for reasons not ascribable to her own negligence and due to
 an administrative error, the application was not processed in the  usual
 manner  and  therefore  not  processed,  may  be deemed to have become a
 member of the New York state and local employees' retirement  system  on
 December 17, 2009.
 

S 2. Any past service costs incurred in implementing the provisions of
 this act shall be borne by the state.
 

S 3. This act shall take effect immediately.
 FISCAL  NOTE.--Pursuant to Legislative Law,

Section 50: This bill will
 deem Tamara Hemminger, currently an employee  of  the  Canandaigua  City
 School  District  and formerly an employee of the New York State Depart
 ment of Labor, to have become a member of the New York State  and  Local
 Employees'  Retirement System on December 17, 2009, thereby granting her
 Tier 4 status.
 If this legislation is enacted during the 2012 legislative session, we
 anticipate that there will be an increase of approximately $1,500 in the
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD13401-03-2
 
       A. 8672--A                          2
 annual contributions of the Canandaigua City  School  District  for  the
 fiscal year ending March 31, 2013.
 In addition to the annual contributions discussed above, there will be
 an  immediate  past service cost of approximately $2,280, which would be
 borne by the State of New York as a one-time payment. This  estimate  is
 based on the assumption that payment would be made on March 1, 2013.
 Summary of relevant resources:

 Data:  March  31,  2011  Actuarial Year End File with distributions of
 membership and other statistics displayed in  the  2011  Report  of  the
 Actuary and 2011 Comprehensive Annual Financial Report.
 Assumptions  and  Methods:  2010  and  2011 Annual Report to the Comp
 troller on Actuarial Assumptions, Codes Rules  and  Regulations  of  the
 State of New York: Audit and Control.
 Market  Assets and GASB Disclosures: March 31, 2011 New York State and
 Local Retirement System Financial Statements and Supplementary  Informa
 tion.
 Valuations  of Benefit Liabilities and Actuarial Assets: summarized in
 the 2011 Actuarial Valuations report.
 I am a member of the American Academy of Actuaries and meet the Quali
 fication Standards to render the actuarial opinion contained herein.
 This estimate, dated February 8,  2012,  and  intended  for  use  only
 during  the  2012  Legislative  Session,  is  Fiscal  Note  No. 2012-84,
 prepared by the Actuary for the New  York  State  and  Local  Employees'
 Retirement System.

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