S6577-2011 Actions

• Feb 29, 2012: REFERRED TO CIVIL SERVICE AND PENSIONS

S6577-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                         6577
 I N  SENATE
 February 29, 2012
 
 Introduced  by  Sen. KENNEDY -- read twice and ordered printed, and when
 printed to be committed to the Committee on Civil Service and Pensions
 

AN ACT granting tier I status in the New York state teachers' retirement
 system to Joanne Ohnmeiss
 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,  Joanne
 Ohnmeiss, a member of the New York state  teachers'  retirement  system,
 who  was  employed  on  July  5,  1971  by the Lake Shore Central School
 District, who, for reasons not ascribable to her own negligence, did not
 file a membership application in such system until  September  1,  1984,
 which  gave her Tier IV status instead of Tier I status, where she would
 have been had she been able to file a membership  application  when  she
 was  first  employed  by  the Lake Shore Central School District, may be
 deemed to have become a member of the New York state  teachers'  retire
 ment  system on July 5, 1971 if on or before December 31, 2012 she shall
 file with the head of the New York state teachers' retirement  system  a
 written  request  to  that  effect.    Upon granting of such retroactive
 membership, Joanne Ohnmeiss shall not be granted a refund of any employ
 ee contribution made by her to the New York state  teachers'  retirement
 system.
 

S  2.  Any  costs  incurred in implementing the provisions of this act
 shall be borne by the Lake Shore Central School District.
 

S 3. This act shall take effect immediately.
 FISCAL NOTE.- Pursuant to Legislative Law,

Section 50:

 This bill would allow Joanne Ohnmeiss, a member of the New York  State
 Teachers'  Retirement  System  with Tier 4 status, to be reclassified as
 Tier 1 member with all rights, benefits, and privileges which  would  be
 available  to  her  as  a Tier 1 member. Her date of membership would be
 changed based upon her employment with the  Lake  Shore  Central  School
 District  during the 1971-72 school year. Ms. Ohnmeiss would not receive
 any additional service credit under this  bill.  Employee  contributions
 made  pursuant  to  Article 15 of the Retirement and Social Security Law
 would not be refunded to Ms. Ohnmeiss. Ms.  Ohnmeiss must file a written
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD13700-03-2
 
       S. 6577                             2
 request with the head of the New York State Teachers' Retirement  System
 on or before December 31, 2012.
 The cost of this benefit is equal to the increase in the present value
 of  liabilities,  which  is  estimated to be $67,000. This cost shall be
 borne by the Lake Shore Central School District.
 The source of this estimate is Fiscal Note 2012-09 dated February  10,
 prepared by the Actuary of the New York State Teachers' Retirement
 System and is intended for use only during the 2012 Legislative Session.
 I, Richard A. Young, am the Actuary for the  New  York  State  Teachers'
 Retirement  System.  I  am a member of the American Academy of Actuaries
 and I meet the Qualification Standards of the American Academy of  Actu
 aries to render the actuarial opinion contained herein.

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