Bill S6493-2013

Authorizes Jaime Laczko to elect to participate in the optional 25 year retirement plan for forest rangers

Authorizes Jaime Laczko to elect to participate in the optional 25 year retirement plan for forest rangers in the service of the department of environmental conservation.

Details

Actions

  • Jan 29, 2014: REFERRED TO CIVIL SERVICE AND PENSIONS

Memo

BILL NUMBER:S6493

TITLE OF BILL: An act to authorize Jaime Laczko to elect to participate in the optional twenty-five year retirement plan for forest rangers in the service of the department of environmental conservation

PURPOSE: Authorizes Jaime Laczko to elect to participate in the optional 25 year retirement plan for forest rangers

SUMMARY OF PROVISIONS:

Section 1- Authorizes Jaime Laczko to file an application with the State Comptroller to participate in the retirement plan established under section 383-c of the retirement and social security law. The bill further provides that he application must be filed within one year of the effective date of this act.

Section 2- Provides that all past cost associated with implementing the previsions of this act shall be jointly borne by the state of New York and Jamie Laczko.

Section 3- Contains the effective date.

JUSTIFICATION: Forest Ranger Jaime Laczko was placed in the Police and Fire retirement plan 375-H rather than the 383-C plan option. At the time forest rangers were made police officers in 2006 they were given the option to transfer into the Police and Fire Retirement System. Ranger Laczko's intent was to be placed in the 383-C plan which would allow him to retire after 25 years of service.

LEGISLATIVE HISTORY: Similar to S. 3181/A. 5012 of 2013 Veto Memo 204

FISCAL IMPLICATIONS: $4,000 increase in the annual contributions of the State of New York for the fiscal year ending March 31, 2014. In addition, there will be an immediate past service cost of $72,800 which would be equally shared by Jaime Laczko and the State of New York as one-time payments. Each party will pay approximately $36,400.

EFFECTIVE DATE: This act shall take effect immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 6493 IN SENATE January 29, 2014 ___________
Introduced by Sen. LITTLE -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions AN ACT to authorize Jaime Laczko to elect to participate in the optional twenty-five year retirement plan for forest rangers in the service of the department of environmental conservation 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, Jaime Laczko, a member of the New York state and local police and fire retirement system, who is employed by the department of environmental conservation as a full-time forest ranger I, who upon commencing such employment became a member of such retirement system subject to the provisions of section 375-h of the retirement and social security law, who was eligi- ble, at such time, to elect to join the New York state and local police and fire retirement system subject to the optional twenty-five year retirement plan for forest rangers in the service of the department of environmental conservation pursuant to section 383-c of the retirement and social security law, and who, for reasons not ascribable to his own negligence, failed to elect to participate in such twenty-five year retirement plan, shall be deemed to have elected to participate in the retirement plan, established by section 383-c of the retirement and social security law, upon commencement of his employment as a forest ranger I, if, within 1 year of the effective date of this act, he shall file an application therefor with the state comptroller, and within 180 days thereafter, he shall pay to the New York state and local police and fire retirement system 50 per centum of the past service costs associ- ated with implementing the provisions of this section, as determined by the state comptroller. S 2. All past costs associated with implementing the provisions of this act shall be jointly borne by the state of New York and Jaime Laczko. S 3. This act shall take effect immediately. FISCAL NOTE.-- Pursuant to Legislative Law, Section 50:

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