Bill S3234-2011

Authorizes the beneficiaries of John E. Johnson to receive a death benefit which is not reduced because he was over 60 years of age

Authorizes the beneficiaries of John E. Johnson to receive a death benefit which is not reduced because he was over 60 years of age.

Details

Actions

  • Jan 4, 2012: REFERRED TO CIVIL SERVICE AND PENSIONS
  • Feb 14, 2011: REFERRED TO CIVIL SERVICE AND PENSIONS

Memo

BILL NUMBER:S3234

TITLE OF BILL: An act to authorize the designated beneficiary or beneficiaries of John E. Johnson to receive a death benefit equal to three times his salary without reduction based on mortality

PURPOSE: To provide a death benefit without penalty to the beneficiary or beneficiaries of John E. Johnson

SUMMARY OF PROVISIONS: Section 1 - Provides that the beneficiary or beneficiaries of John E. Johnson shall receive a death benefit based upon his pension reserve calculated as if he died at the age of 60.

Section 2 - Contains the effective date.

JUSTIFICATION: John E. Johnson was the Director of Clinton County Mental Health Services who passed away unexpectedly February 18, 2004 at the age of 66 while attending a County Health Committee meeting. Mr. Johnson had intended to retire within six months of his untimely death. However, because John worked six years past the age of 60, his death benefit is reduced four percent for every year he worked resulting in a total reduction of 24 percent.

This legislation would remove this 24 percent penalty and restore his death benefit to the full amount

LEGISLATIVE HISTORY: 2010: S.2690 Civil Service &. Pensions/A.6197 Governmental Employees 2007: S.1107 Civil Service & Pensions/A.1774 Governmental Employees 2006: S.1601-A Civil Service & Pensions/A.7846-A Governmental Employees 2005: S.1601 3rd Reading/A.7846-A Governmental Employees 2004: S.7472-A Rules

FISCAL IMPLICATIONS: This bill will entitle the estate of John E. Johnson, a former employee of the State of New York as well as Clinton County, to a death benefit of three times salary, plus Mr. Johnson's accumulated contributions, without any reduction for age. It is anticipated that there will be an immediate past service cost of approximately $107,000, which will be shared by the State of New York and all the participating employers of the New York State and Local Employees' Retirement System.

EFFECTIVE DATE: This act shall take effect immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ S. 3234 A. 5120 2011-2012 Regular Sessions S E N A T E - A S S E M B L Y February 14, 2011 ___________
IN SENATE -- Introduced by Sen. LITTLE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Civil Service and Pensions IN ASSEMBLY -- Introduced by M. of A. DUPREY -- read once and referred to the Committee on Governmental Employees AN ACT to authorize the designated beneficiary or beneficiaries of John E. Johnson to receive a death benefit equal to three times his salary without reduction based on mortality THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding any provision of law to the contrary, the beneficiary or beneficiaries of John E. Johnson, who was a member of the New York state and local employees' retirement system and was employed by the county of Clinton upon his death on February 18, 2004 at the age of 66 years, shall be entitled to receive a death benefit equal to such member's salary multiplied by three, plus the member's accumulated contributions, if, on or before December 31, 2011, such beneficiary or beneficiaries shall file an application therefor with the state comp- troller. S 2. This act shall take effect immediately. FISCAL NOTE.--This bill will entitle the estate of John E. Johnson, a former employee of the State of New York as well as Clinton County, to a death benefit of three times salary, plus Mr. Johnson's accumulated contributions, without any reduction for age. If this bill were enacted, we anticipate that there will be an immedi- ate past service cost of approximately $107,000, which will be shared by the State of New York and all the participating employers of the New York State and Local Employees' Retirement System. This estimate, dated February 3, 2011, and intended for use only during the 2011 Legislative Session, is Fiscal Note No. 2011-104, prepared by the Actuary for the New York State and Local Employees' Retirement System.

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