Senate Bill S5413

Signed By Governor
2011-2012 Legislative Session

Authorizes Michael P. Koval to receive retirement service credit for prior service

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Archive: Last Bill Status - Signed by Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2011-S5413 (ACTIVE) - Details

See Assembly Version of this Bill:
A6747
Law Section:
Retirement

2011-S5413 (ACTIVE) - Summary

Authorizes Michael P. Koval to receive retirement service credit for prior service.

2011-S5413 (ACTIVE) - Sponsor Memo

2011-S5413 (ACTIVE) - Bill Text download pdf

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

                                  5413

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                              May 18, 2011
                               ___________

Introduced  by  Sen.  O'MARA -- read twice and ordered printed, and when
  printed to be committed to the Committee on Civil Service and Pensions

AN ACT authorizing Michael P. Koval to receive retirement service credit
  for prior service

  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, Michael P.
Koval, who was a police officer in the village of Watkins Glen, for  the
period from September 6, 1988 through July 1, 1991, and who is currently
an  officer  with  the  city  of  Ithaca police department, and who is a
member of the New York  state  and  local  police  and  fire  retirement
system,  and  who,  for reasons not ascribable to his own negligence did
not receive service credit toward his optional 20 year  retirement  plan
for such period, shall be entitled to receive service credit toward such
plan for such period if, within one year from the effective date of this
act,  he  files  a  written  request to that effect with the state comp-
troller.
  S 2. All past service costs associated with the implementation of this
act shall be borne by the village of Watkins Glen.
  S 3. This act shall take effect immediately.
  FISCAL NOTE.--This bill  will  allow  Police  Officer  Michael  Koval,
currently  employed  by  the City of Ithaca, to receive credit under the
provisions of Section 384-d of the Retirement and  Social  Security  Law
for the period from September 6, 1988 through July 1, 1991 when he was a
police officer with the Village of Watkins Glen.
  If this bill is enacted, we anticipate that there will be an immediate
past  service  cost of approximately $66,000, which will be borne by the
Village of Watkins Glen as a one-time payment. This estimate  assumes  a
February 1, 2012 payment date.
  This estimate, dated May 12, 2011 and intended for use only during the
2011  Legislative  Session, is Fiscal Note No. 2011-183, prepared by the
Actuary for the New York State and  Local  Police  and  Fire  Retirement
System.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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