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S5588Senate2011-2012 SessionSame asA8201

Grants Randy Prock tier IV membership in the New York state and local employees' retirement system

Sponsor Hugh T. FarleySD-44Affects Finance
Status
Senate Floor Calendar
Impact
Pending
Outcome
Companion signed

Bill progress

Signed via A8201

What's happening

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Who cares

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Sponsors

Primary sponsor
Hugh T. Farley

Senator · Senate District 44

No co-sponsors yet.

History

  1. Substituted by A8201
  2. Ordered to third reading cal.1480
  3. Committee discharged and committed to rules
  4. 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.

A8201Assembly

Grants retroactive tier IV membership in the New York state and local employees' retirement system to Randy Prock

Signed by Governor · Sponsor Peter Abbate

Signed into law

Full text

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

Sponsor's memo

BILL NUMBER:S5588

Title of bill

An act granting retroactive tier IV membership in the New York state and local employees' retirement system to Randy Prock

Purpose

This bill will correct a clerical error and enable Randy Prock to be retroactively placed in Tier IV of the New York State and Local Employees' Retirement System, recognizing that he had filed a timely membership application with the retirement system.

Summary of provisions

Section 1 of the bill grants Randy Prock membership status into Tier IV of the New York State and Local Employees' Retirement System. Section 2 deems that New York State will incur the costs associated with this legislation.

Justification

Randy Prock was employed by the New York State Department of Taxation on August 13, 2009 as a Tax Information Aide. At the time of his hire, Mr. Prock initially declined enrollment in Tier IV of the New York State and Local Employees' Retirement System.

Upon being informed that a new Tier V was to take effect starting January 1, 2010, Mr. Prock completed, signed and notarized an Article 15 Membership Registration form on December 17, 2009.

Following the Department's instructions, Mr. Prock hand-delivered the form to an employee in the Department's administrative section that same day. The form was reviewed by that employee and was placed in an envelope for hand delivery to the Office of Human Resources Management. Unfortunately, although his application had been submitted in a timely manner, the paperwork never made it to the proper recipient and was later found in the employee's personal history folder on January 27th. The form was not processed. This bill would correct that administrative error.

Legislative history

New in 2011.

Fiscal implications

This bill will deem Randy Prock to have a become a member of the New York State and Local Employees' Retirement System on December 17, 2009, the date he filed a membership application, thereby granting him Tier 4 status.

If this bill is enacted, we anticipate that there will be an increase in the annual contributions of the State of New York for the fiscal year ending March 31, 2012 of approximately $1,150.

In addition to the annual contributions discussed above, there will be a one-time past service cost of approximately $180 which will be borne by the State of New York, assuming a payment date of March 1, 2012.

This estimate, dated May 24, 2011 and intended for use only during the 2011 Legislative Session, is Fiscal Note No. 2011-187, prepared by the Actuary for the New York State and Local Employees' Retirement System.

Effective date

Immediately.

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