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A10670Assembly2009-2010 SessionSame asS8003

Authorizes Collette V. Fournier to purchase certain service credit in the New York state teachers' retirement system

Sponsor Ellen C. JaffeeAD-95Affects Finance
Status
In Assembly Committee
Governmental Employees
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Governmental Employees

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Who cares

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Sponsors

Primary sponsor
Ellen C. Jaffee

Assembly Member · Assembly District 95

No co-sponsors yet.

History

  1. Referred to governmental employees

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

S8003Senate

Authorizes Collette V. Fournier to purchase certain service credit in the New York state teachers' retirement system

In Senate Committee · Civil Service And Pensions · Sponsor Thomas P. Morahan

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:A10670

Title of bill

An act in relation to authorizing Collette V. Fournier to purchase certain service credit in the New York state teachers' retirement system

Purpose or general idea of bill

Amend the New York State Educational System Retirement Law to allow Colette V. Fournier to purchase certain service credit in the New York State Teachers' Retirement System and be reinstated to membership with her original date of membership and tier status.

Summary of specific provisions

This legislation simplifies procedures and provisions for Colette V. Fournier to be reinstated to membership with the New York State Teacher's Retirement System with a date of membership of February 3, 1992. Upon reinstatement, Ms. Fournier must file a written request with the head of the New York State Teacher's Retirement System by the thirty-first day of December following the effective date of this bill.

Existing law

JUSTIFICATION: This legislation will allow Ms. Fournier to be able purchase her time and receive any eligible service credit acquired during her employment with the Rockland Community College between the date of February 3, 1992 and June 2, 1999.

Prior legislative history

This is a new bill.

Fiscal implication

The cost of this benefit is equal to the increase in the present value of $32,000 liabilities, which is estimated to be $32,000. The source of the estimate is fiscal note 2010-09 dated Febru- ary 13, 2009.

Effective date

Immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.