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History
- Print number 5330a
- Amend and recommit to civil service and pensions
- Referred to civil service and pensions
- Referred to civil service and pensions
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5330A
Title of bill
An act to authorize Kim F. Salinovich to purchase service credit in the New York state teachers' retirement system for certain employment as a high school equivalency instructor
Purpose
To allow Kim F. Salinovich to purchase service credit for retirement purposes for the period of time she worked as a high school equivalency instructor at Hudson Valley Opportunities Industrialization Center.
Summary of provisions
Section 1: Authorizes Ms. Salinovich to purchase service credit in the New York state teachers' retirement system for her employment by the Hudson Valley Opportunities Industrialization Center from November 1979 through August 1981 and November 1982 through August 1987. This section requires Ms. Salinovich to pay the NYSTRS an amount equal to three percent of the salary she received for the period of service being claimed, with regular interest thereon.
Section 2: All costs other than the costs to be borne by Kim F. Salino- vich pursuant to Section 1 of this act, shall be borne by the employers of members of the NYSTRS.
Justification
Even though Ms. Salinovich was instructing public school children as a high school equivalency instructor at Hudson Valley Opportunities Indus- trialization Center Ms. Salinovich has been unable to receive credit for her service for the HVOIC. This is because the HVOIC does not meet the definition of an employer eligible for participation in the NYSTRS as defined in NYS Education Law. However, all of the funding for HVOIC came from state sources and was a quasi-public entity. This bill if signed into law would allow Ms. Salinovich to buy back her time employed at the HVOIC from November 1979 through August 1981 and November 1982 through August 1987.
Legislative history
S.8192 of 2008 S.2773A of 2009/2010
Fiscal implications
See attached fiscal note.
Local fiscal implications
None.
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.