S T A T E   O F   N E W   Y O R K
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                                  9109

                          I N  A S S E M B L Y

                             March 17, 2014
                               ___________

Introduced by M. of A. GUNTHER, SKOUFIS -- read once and referred to the
  Committee on Governmental Employees

AN  ACT  to amend the retirement and social security law, in relation to
  authorizing retired firefighters to be employed as instructor of  fire
  sciences by a career and technical education center without diminution
  of his or her retirement benefits

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The retirement and social security law is amended by adding
a new section 214-c to read as follows:
  S 214-C. EMPLOYMENT OF CERTAIN RETIRED PERSONS WHO RETIRED  FROM  FIRE
SERVICE.   NOTWITHSTANDING   THE  PROVISIONS  OF  THIS  CHAPTER  OR  THE
PROVISIONS OF ANY STATE OR LOCAL LAW OR  CHARTER  TO  THE  CONTRARY,  NO
RETIRED PERSON WHO RETIRED FROM FIRE SERVICE AS A MEMBER OF THE NEW YORK
STATE  AND  LOCAL POLICE AND FIRE RETIREMENT SYSTEM OR THE NEW YORK FIRE
DEPARTMENT PENSION FUND, AND WHO IS EMPLOYED BY A CAREER  AND  TECHNICAL
EDUCATION  CENTER AS AN INSTRUCTOR IN A FIRE SCIENCE PROGRAM APPROVED BY
THE EDUCATION DEPARTMENT, SHALL HAVE HIS OR HER RETIREMENT ALLOWANCE  OR
BENEFITS  SUSPENDED  OR  REDUCED  BECAUSE OF COMPENSATION EARNED BY SUCH
RETIRED PERSON FROM SERVICE AS A FIRE SCIENCE INSTRUCTOR.
  S 2. This act shall take effect immediately.
  FISCAL NOTE.--This bill will allow retired  firefighters  of  the  New
York  State  and Local Police and Fire Retirement System or the New York
City Fire Department Pension Fund to work as a fire  science  instructor
in  a program approved by the New York State Department of Education and
to continue to receive their retirement benefit.
  If this bill is enacted, insofar as it will affect the New York  State
and  Local  Police and Fire Retirement System, we expect few retirees to
be affected. There would be negligible additional annual costs.
  Summary of relevant resources:
  The membership data used in  measuring  the  impact  of  the  proposed
change  was  the same as that used in the March 31, 2013 actuarial valu-
ation.  Distributions and other statistics can  be  found  in  the  2013

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01352-05-4
              

A. 9109                             2

Report  of  the  Actuary  and  the  2013  Comprehensive Annual Financial
Report.
  The  actuarial assumptions and methods used are described in the 2010,
2011, 2012 and 2013  Annual  Report  to  the  Comptroller  on  Actuarial
Assumptions,  and  the  Codes  Rules and Regulations of the State of New
York: Audit and Control.
  The Market Assets and GASB Disclosures are found in the March 31, 2013
New York State and Local  Retirement  System  Financial  Statements  and
Supplementary Information.
  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 January 24, 2014 and intended for use only during
the  2014  Legislative  Session, is Fiscal Note No. 2014-63, prepared by
the Actuary for the New York State and Local Police and Fire  Retirement
System.