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History
- Print number 6659a
- Amend and recommit to governmental employees
- Referred to governmental employees
- Referred to governmental employees
Full text
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Sponsor's memo
BILL NUMBER:A6659A
Title of bill
An act to allow Mary Jacquelyn Barry to file a request for retroactive membership in the New York state and local employees' retirement system
Purpose or general idea of bill
The purpose of this legislation is to grant retroactive tier II membership in the New York state and local employees' retirement system to Mary Jacquelyn Barry.
Summary of specific provisions
Section One ate bill would deem Mary Jacquelyn Barry, currently a tier IV member of the New York State and Local Employees' Retirement System, to have become a member of the New York State and Local Employees' Retirement System on June 25, 1976, thereby granting her Tier II status. Also, this bill would provide that, upon the granting of such retroactive membership, Mary Jacquelyn Barry shall be granted a refund of any employee contributions made by her to the New York state and local employee retirement system. Section Two of the bill provides that all costs shall be borne by the state of New York. Section Three provides for an immediate effective date.
Justification
Mary Jacquelyn Barry of Rome (Oneida County) was employed by the City of Rome on June 25, 1976 through August 23, 1976 and through no fault of her own did not become a member of the New York state and local employees' retirement system until September 1, 1988. This legislation would deem Mary Jacquelyn Barry, who is currently a member of the New York state and local employees' retirement system, to have become a member of the New York state and local employees' retire- ment system on June 25, 1976 when first employed by the City of Rome, having tier H status, provided that an application is filed with the state comptroller's office on or before December 31, 2010.
Prior legislative history
2009: A.6659 - Referred to Assembly Govern- mental Employees Cane.
2008: A.9431-A - Referred to Assembly Governmental Employees Cmte.
Fiscal implications
If enacted, the Retirement Systems Actuary antic- ipates that there will be an increase of approximately $2,100 in the annual contributions of the State of New York for the fiscal year ending March 31, 2011. In addition, there will be an immediate past service cost of approximately $73,300 which will be borne by the State of New York as a one-time payment. (Fiscal Note No. 201068)
Effective date
Immediate.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.