This bill has been amended

Bill S3815-2013

Grants retroactive tier I status to David Reardon based upon employment with the town of Little Falls

Grants retroactive tier I status to David Reardon based upon employment with the town of Little Falls beginning February 16, 1972.

Details

Actions

  • Jan 8, 2014: REFERRED TO CIVIL SERVICE AND PENSIONS
  • Feb 21, 2013: REFERRED TO CIVIL SERVICE AND PENSIONS

Memo

BILL NUMBER:S3815

TITLE OF BILL: An act to grant David A. Reardon a retroactive membership date in the New York state and local employees' retirement system

PURPOSE: This legislation would grant David A Reardon retroactive membership in the New York State and Local Employees' Retirement System.

SUMMARY OF PROVISIONS: Deems David A. Reardon a member of the New York State and Local Employees' Retirement System as of February 16, 1972.

JUSTIFICATION: Through no fault of his own, David A. Reardon was not made a member of the retirement system when he was an employee with the Town of Little Falls. This bill would rectify the situation by recognizing Mr. Reardon's previous service and provide him with the same retirement benefits as other individuals who were employed during the same time period.

LEGISLATIVE HISTORY: New bill.

FISCAL IMPLICATIONS: See Fiscal Note.

EFFECTIVE DATE: This act shall take effect immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 3815 2013-2014 Regular Sessions IN SENATE February 21, 2013 ___________
Introduced by Sen. SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions AN ACT to grant David A. Reardon a retroactive membership date in the New York state and local employees' retirement system 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, David A. Reardon, a member of the New York state and local employees' retire- ment system having Tier IV status, who was employed by the Town of Little Falls commencing on February 16, 1972 and who, for reasons not ascribable to his own negligence, failed to become a member of such retirement system during such employment by the Town of Little Falls, shall be deemed to have joined the New York state and local employees' retirement system on February 16, 1972 and shall be retroactively grant- ed the benefits of Tier I status in such retirement system, if, within one year of the effective date of this act, he shall file a written request to that effect with the state comptroller. S 2. All past service costs of implementing the provisions of this act shall be borne by the Thruway Authority. S 3. Notwithstanding any other provision of law, no employee contrib- utions shall be returned to David A. Reardon. S 4. This act shall take effect immediately. FISCAL NOTE.-- Pursuant to Legislative Law, section 50: This bill will deem David A. Reardon to have become a member of the New York State and Local Employees' Retirement System on February 16, 1972, his first date of employment with the Town of Little Falls, there- by granting him Tier 1 status. No member contributions will be refunded. If this bill is enacted, we anticipate that there will be an increase of approximately $6,500 in the annual contributions of the Thruway Authority for the fiscal year ending March 31, 2014.

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