Authorizes the city of Newburgh to offer an optional 20 year retirement plan, pursuant to section 384-d of the retirement and social security law, to certain police officers and firefighters employed by such city.

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S2953A-2011 Actions

• Jun 21, 2011: SUBSTITUTED BY A7441
• Jun 21, 2011: ORDERED TO THIRD READING CAL.1454
• Jun 21, 2011: COMMITTEE DISCHARGED AND COMMITTED TO RULES
• Apr 8, 2011: PRINT NUMBER 2953A
• Apr 8, 2011: AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS
• Feb 3, 2011: REFERRED TO CIVIL SERVICE AND PENSIONS

S2953A-2011 Meetings

Rules: Jun 24, 2011

S2953A-2011 Calendars

Floor Calendar: Jun 21, 2011

S2953A-2011 Votes

S2953A-2011 Memo

BILL NUMBER:S2953A

TITLE OF BILL:
An act
to authorize the city of Newburgh, in the county of Orange, to offer an
optional twenty year retirement plan to certain police officers and
firefighters

PURPOSE:
The purpose of this bill is to allow the City of Newburgh to make
available to Daniel Cameron, Lorenzo D' Angelico, John Jenerose,
Matthew M. Kirwan, and Kevin Romero, police officers, and Robert Bain
Jr., Mark Bethea, and William Wiseman, firefighters, the optional
twenty year retirement plan established pursuant to section 384-d
of the retirement and social security law.

SUMMARY OF PROVISIONS:
Section 1 states that the city of Newburgh which previously elected to
offer the optional twenty year retirement plan, established pursuant
to section 384-d of the retirement and social security law, to police
officers and firefighters employed by such city, is authorized to
make participation in such plan available to Daniel Cameron, Lorenzo
D' Angelico, John Jenerose, Matthew M.
Kirwan, and Kevin Romero, police officers, and Robert Bain Jr., Mark
Bethea and William Wiseman, firefighters employed by the city of
Newburgh, who, for reasons not ascribable to their own negligence
failed to make timely applications to participate in such optional
twenty year retirement plan.

Section 2 states that all employer costs associated with implementing
the provisions of this act shall be borne by the city of Newburgh
over a period of ten years.

JUSTIFICATION:
Police officers Daniel Cameron, Lorenzo D' Angelico, John Jenerose,
Matthew M. Kirwan, and Kevin Romero, and firefighters Robert Bain
Jr., Mark Bethea, and William Wiseman for reasons not ascribable to
their own negligence failed to make a timely application to
participate in the optional twenty year retirement plan, established
pursuant to section 384-d of the retirement and
social security law. Legislation is therefore needed to remedy this
situation. This legislation was requested by the City of Newburgh.

LOCAL FISCAL IMPLICATIONS:
See Fiscal Note.

EFFECTIVE DATE:
This act shall take effect immediately.

S2953A-2011 Text

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

                                   2953--A

                         2011-2012 Regular Sessions

                              I N  SENATE

                              February 3, 2011
                                 ___________

  Introduced  by  Sen.  LARKIN -- read twice and ordered printed, and when
    printed to be committed to the Committee on Civil Service and Pensions
    -- committee discharged, bill amended, ordered  reprinted  as  amended
    and recommitted to said committee

  AN  ACT  to  authorize the city of Newburgh, in the county of Orange, to
    offer an optional twenty year retirement plan to certain police  offi-
    cers and firefighters

    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 to the contrary,
  the city of Newburgh, in the county of Orange, a participating  employer
  in the New York state and local police and fire retirement system, which
  previously  elected  to  offer the optional twenty year retirement plan,
  established pursuant to section 384-d of the retirement and social secu-
  rity law, to police officers and firefighters employed by such city,  is
  hereby authorized to make participation in such plan available to Daniel
  Cameron,  Lorenzo D'Angelico, John Jenerose, Matthew M. Kirwan and Kevin
  Romero, police officers, and Robert Bain Jr., Mark  Bethea  and  William
  Wiseman, firefighters employed by the city of Newburgh, who, for reasons
  not  ascribable  to  their own negligence failed to make timely applica-
  tions to participate in such optional twenty year retirement plan.
    The city of Newburgh may so elect  by  filing  with  the  state  comp-
  troller,  on  or before December 31, 2011, a resolution of its governing
  body together with certification that such  police  officers  and  fire-
  fighters  did  not  bar themselves from participation in such retirement
  plan as a result of their own negligence. Thereafter, such police  offi-
  cers  and  firefighters  may  elect  to  be covered by the provisions of
  section 384-d of the retirement and social security law,  and  shall  be
  entitled  to the full rights and benefits associated with coverage under
  such section, by filing a request to that effect with  the  state  comp-
  troller on or before June 30, 2012.

   EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                        [ ] is old law to be omitted.
                                                             LBD06154-04-1

 S. 2953--A                          2

    S   2.  All  past  service  costs  associated  with  implementing  the
  provisions of this act shall be borne by the city  of  Newburgh  over  a
  period of ten years.
    S 3. This act shall take effect immediately.
    FISCAL NOTE.--Pursuant to Legislative Law, Section 50:

    This bill will allow the City of Newburgh to reopen the  provisions of
  Section 384-d of the Retirement and Social Security Law for police offi-
  cers  Daniel  Cameron,  Lorenzo  D'Angelico,  John  Jenerose, Matthew M.
  Kirwan, Kevin Romero and firefighters Robert Bain Jr,  Mark  Bethea  and
  William Wiseman.
    If this legislation is enacted during the 2011 legislative session, we
  anticipate  that  there  will be an increase of approximately $45,700 in
  the annual contributions of the City of Newburgh  for  the  fiscal  year
  ending March 31, 2012.
    In addition to the annual contributions discussed above, there will be
  an immediate past service cost of approximately $620,000, which would be
  borne  by  the  City of Newburgh as a one-time payment. This estimate is
  based on the assumption that payment will be made on February  1,  2012.
  The  City  of  Newburgh may amortize this cost over a period of ten (10)
  years. The first year cost, including interest,  will  be  approximately
  $84,000.
    This  estimate,  dated  April 6, 2011 and intended for use only during
  the 2011 Legislative Session, is Fiscal Note No. 2011-156,  prepared  by
  the  Actuary for the New York State and Local Police and Fire Retirement
  System.