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S5400Senate2009-2010 SessionSame asA9878

Grants retroactive tier I membership in the New York state and local employees' retirement system to Arlene Samos

Sponsor Brian X. FoleySD-3Affects Finance
Status
In Senate Committee
Civil Service And Pensions
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Civil Service And Pensions

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Who cares

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Sponsors

Primary sponsor
Brian X. Foley

Senator · Senate District 3

No co-sponsors yet.

History

  1. Print number 5400b
  2. Amend and recommit to civil service and pensions
  3. Referred to civil service and pensions
  4. Print number 5400a
  5. Amend and recommit to civil service and pensions
  6. Referred to civil service and pensions

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.

A9878Assembly

Grants retroactive Tier I membership in the New York state and local employees' retirement system to Arlene Samos

In Assembly Committee · Governmental Employees · Sponsor Phil Boyle

Full text

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

Sponsor's memo

Title of bill

An act granting retroactive tier I membership in the New York state and local employees' retirement system to Arlene Samos

Purpose or general idea

Grants retroactive Tier I membership in the New York State and Local Employees' Retirement System to Arlene Samos

Summary of provisions

Section 1- states that Arlene Samos was employed by the county of Suffolk permanently in October of 1965, yet for reasons not ascribable to her own negligence was not entered into Tier I of the retirement system

Section 2- States any costs will be incurred by the State.

Section 3- Contains the effective date.

Justification

From October 1965 until December 1967, Arlene Samos was employed by the New York City Board of Education. Through no fault of her own, Ms. Samos was not offered membership in the New York State and Local Employees' Retirement System. This legislation will retroactively place her into Tier I. This bill would rectify the situation by recognizing Ms. Samos' previous service and providing her with the same retirement benefits as other individuals who were employed during the same period.

Legislative history

This is a new bill.

Fiscal implications

We anticipate that there will be an increase of approximately $5,400 in the annual contributions of the Suffolk County OTB Corporation for the fiscal year ending March 31, 2010.

In addition to the annual contributions discussed above, we anticipate that there will be an immediate past service cost of approximately $60,800, which will be borne by the State of New York and all participating employers in the New York State and Local Employees' Retirement System.

Effective date

This act shall take effect immediately.

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