Skip to content
A6720Assembly2009-2010 Session

Grants retroactive Tier I membership in the New York state and local employees' retirement system to Peter A. Parisi

Sponsor RoAnn DestitoAD-116Affects Finance
Status
In Assembly Committee
Governmental Employees
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Governmental Employees

What's happening

Writing a plain-English summary… Track this bill to get it by email.

Why it matters

The daily · weekday mornings

Albany, before your first meeting.

Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.

Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.

Who cares

Headline styles

Sponsors

Primary sponsor
RoAnn Destito

Assembly Member · Assembly District 116

No co-sponsors yet.

History

  1. Print number 6720a
  2. Amend and recommit to governmental employees
  3. Referred to governmental employees
  4. Referred to governmental employees

Full text

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

Sponsor's memo

BILL NUMBER:A6720A

Title of bill

An act granting retroactive tier 1 membership in the New York state and local employees' retirement system to Peter A. Parisi

Purpose or general idea of bill

The purpose of this legislation is to grant retroactive tier I membership in the New York state and local employees' retirement system to Peter A. Parisi.

Summary of specific provisions

Section One of the bill would deem Peter A. Parisi, currently a tier III member of the New York State and Local Employees' Retirement System, to have become a member of the Retirement System on July 10, 1970, thereby making him eligible for reinstatement to Tier I. Pursuant to Section 645 of the Retirement and Social Security Law, Mr. Parisi will not receive a refund of his tier III member contributions.

Justification

Peter A. Parisi of Whitesboro (Oneida County) was employed by the City of Utica from July 10, 1970 through August 28, 1970 and through no fault of his own did not become a member of the New York state and local employees' retirement system on July 10, 1970 when first employed by the City of Utica. This legislation would deem Peter A. Parisi, 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' retirement system on July 10, 1970 when first employed by the City of Utica, having tier I status, provided that an application is filed with the state comptroller's office within one year from the effective date of this act

Prior legislative history

2009: A.6720 - Referred to the Assembly Governmental Employees Crate.

2007-08: A.8713 -Referred to the Assembly Governmental Employees Cmte.

Fiscal implications

If enacted, the Retirement Systems Actuary antic- ipates that there will be an increase of approximately 53,600 in the annual contributions of the New York State Power Authority for the fiscal year ending March 31, 2011. In addition, there will be an immedi- ate past service cost of approximately 5105,000 which will be shared by the State of New York and all participating employers in the New York State and Local Employees' Retirement System. (Fiscal Note No. 2010-67)

Effective date

Immediate.

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