Senate Bill S5588

Signed By Governor
2011-2012 Legislative Session

Grants Randy Prock tier IV membership in the New York state and local employees' retirement system

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Archive: Last Bill Status Via A8201 - 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-S5588 (ACTIVE) - Details

See Assembly Version of this Bill:
A8201
Law Section:
Retirement

2011-S5588 (ACTIVE) - Summary

Grants Randy Prock tier IV membership in the New York state and local employees' retirement system.

2011-S5588 (ACTIVE) - Sponsor Memo

2011-S5588 (ACTIVE) - Bill Text download pdf

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

                                  5588

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                              June 3, 2011
                               ___________

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

AN ACT granting retroactive tier IV membership in the New York state and
  local employees' retirement system to Randy Prock

  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, Randy Prock, a
member of the New York state and local employees' retirement system, who
was employed on August 13, 2009,  by  the  Department  of  Taxation  and
Finance  as  a  temporary  Tax  Information  Aid, who filed a membership
application in such system on December 17, 2009, which should have given
him Tier IV status but for reasons not ascribable to his own  negligence
and due to an administrative error, the application was not processed in
the  usual  manner  and  therefore  not processed, may be deemed to have
become a member of the New York state and  local  employees'  retirement
system on December 17, 2009.
  S 2. Any past service costs incurred in implementing the provisions of
this act shall be borne by the state.
  S 3. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This  bill  will  deem  Randy Prock to have become a member of the New
York State and Local Employees' Retirement System on December 17,  2009,
the  date he filed a membership application, thereby granting him Tier 4
status.
  If this bill is enacted, we anticipate that there will be an  increase
in the annual contributions of the State of New York for the fiscal year
ending March 31, 2012 of approximately $1,150.
  In addition to the annual contributions discussed above, there will be
a  one-time  past service cost of approximately $180 which will be borne
by the State of New York, assuming a payment date of March 1, 2012.
  This estimate, dated May 24, 2011 and intended for use only during the
2011 Legislative Session, is Fiscal Note No. 2011-187, prepared  by  the
Actuary for the New York State and Local Employees' Retirement System.

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

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