Bill S6780-2011

Authorizes the reopening of the twenty-five year retirement benefit plan to certain deputy sheriffs of Sullivan county

Authorizes the reopening of the twenty-five year retirement benefit plan to certain deputy sheriffs of Sullivan county who failed to make a timely election thereof.

Details

Actions

  • Jun 21, 2012: SUBSTITUTED BY A9566
  • Jun 6, 2012: ADVANCED TO THIRD READING
  • Jun 5, 2012: 2ND REPORT CAL.
  • Jun 4, 2012: 1ST REPORT CAL.1007
  • Mar 21, 2012: REFERRED TO CIVIL SERVICE AND PENSIONS

Votes

VOTE: COMMITTEE VOTE: - Civil Service and Pensions - Jun 4, 2012
Ayes (12): Golden, Fuschillo, Hannon, Lanza, Little, Martins, O'Mara, Perkins, Addabbo, Dilan, Savino, Serrano

Memo

BILL NUMBER:S6780

TITLE OF BILL: An act relating to authorizing the reopening of the twenty-five year retirement benefit plan to certain deputy sheriffs of Sullivan county who failed to make a timely election thereof

PURPOSE: Authorizes the reopening of the twenty-five year retirement benefit plan to three deputy sheriffs of Sullivan county who failed to make a timely election thereof due to a clerical error on the part of the county.

SUMMARY OF PROVISIONS: Deputy sheriffs of Sullivan County, Scott Galligan, Sean Grady and Rose Ionta-Tocco, who were eligible to elect to participate in the twenty-five year retirement benefit plan established pursuant to section 89-p, and subdivision 1 of section 603 of the retirement and social security law, and who failed to elect to participate in the plan in a timely manner for reasons not ascribable to his or her own negligence shall be deemed to have timely made such election.

JUSTIFICATION: These three Deputy Sheriffs failed to elect to participate in the 25 year retirement benefit plan in a timely manner for reasons not ascribable to their own negligence.

LEGISLATIVE HISTORY: This is a new bill.

FISCAL IMPLICATIONS: The increase in the annual contributions for Sullivan County will be approximately $4,500. In addition, the immediate past service cost will be approximately $7,650 which will be borne by Sullivan County.

EFFECTIVE DATE: This act shall take effect immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 6780 IN SENATE March 21, 2012 ___________
Introduced by Sen. BONACIC -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions AN ACT relating to authorizing the reopening of the twenty-five year retirement benefit plan to certain deputy sheriffs of Sullivan county who failed to make a timely election thereof 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 to the contrary, deputy sheriffs of Sullivan county, Scott Galligan, Sean Grady and Rose Ionta-Tocco, who were eligible to elect to participate in the twenty- five year retirement benefit plan established pursuant to article 14-B of the retirement and social security law, and who failed to elect to participate in such retirement benefit plan in a timely manner for reasons not ascribable to their own negligence, shall be deemed to have timely made such election if each such deputy sheriff, respectively, shall file an election to participate in the twenty-five year retirement benefit plan with the state comptroller on or before December 31, 2012. S 2. The past service costs of implementing the provisions of this act shall be borne by the county of Sullivan. S 3. This act shall take effect immediately. Fiscal Note.--Pursuant to Legislative Law, Section 50: This bill would allow Sullivan County to reopen the provisions of the twenty-five year retirement plan established pursuant to article 14-B of the Retirement and Social Security Law for Scott Galligan, Sean Grady and Rose Ionta-Tocco. If this legislation is enacted during the 2012 legislative session, we anticipate that there would be an increase of approximately $4,500 in the annual contributions of Sullivan County for the fiscal year ending March 31, 2013. In addition to the annual contributions discussed above, there would be an immediate past service cost of approximately $7,650, which would be borne by Sullivan County as a one-time payment. This estimate is based on the assumption that payment would be made on February 1, 2013. Summary of relevant resources:

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