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A7919Assembly2017-2018 SessionSame asS6448

Restore Jessica Strizzi’s Pension Tier

Official title

“Grants retroactive Tier IV membership in the New York state and local employees' retirement system to Jessica Strizzi”

Sponsor John T. McDonald IIIAD-108Affects Finance
Status
Assembly Floor Calendar
Impact
2/10
Minimal
Passage
0%

Bill progress

Vetoed via S6448

What's happening

This bill grants Jessica Strizzi retroactive Tier IV membership in the New York State and Local Employees' Retirement System due to an administrative error.

Why it matters

  1. Corrects an administrative error. that would have otherwise penalized Jessica Strizzi for a misprocessed retirement application, ensuring she receives the retirement benefits she should have been entitled to from her original employment date.

  2. Restores Tier IV status. , which generally provides more favorable retirement terms (such as earlier retirement ages, lower contribution rates, and better pension formulas) than later tiers, potentially improving her long-term financial security.

  3. Allocates the financial impact. of this correction: the immediate one-time cost ($5,390) falls to the Village of Green Island (her former employer), while the State assumes a small annual increase in contributions, highlighting how administrative mistakes can have real budgetary consequences for local governments.

  4. Requires timely action. from the affected individual—Jessica Strizzi must file an application by the specified deadline to receive these benefits, underscoring the importance of individual advocacy in navigating bureaucratic errors.

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Who cares

  • Jessica Strizzi

    She would receive retroactive Tier IV membership dated June 28, 2007, and its rights and benefits if she applies to the state comptroller by December 31, 2017, without a refund of prior contributions.

  • Village of Green Island

    The village would bear the past service costs, estimated in the fiscal note at $5,390 as a one-time payment.

  • Office of the State Comptroller

    The office would process Strizzi’s application and grant the retroactive membership, while the fiscal note estimates an additional $2,900 in state employer contributions for the fiscal year ending March 31, 2018.

Headline styles

Restore Jessica Strizzi’s Pension Tier

Plain English, a few words. Used as the page title.

Sponsors

Primary sponsor
John T. McDonald III

Assembly Member · Assembly District 108

Chair, Governmental Operations

No co-sponsors yet.

History

  1. Substituted by S6448A
  2. Ordered to third reading rules cal.515
  3. Rules report cal.515
  4. Reported
  5. Reported referred to rules
  6. Reported referred to ways and means
  7. Print number 7919a
  8. Amend and recommit to governmental employees
  9. Referred to governmental employees

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.

S6448Senate

Restore Retirement Benefits for Strizzi

Vetoed · Sponsor Neil D. Breslin

Impact 2 · MinimalVetoed

Full text

2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗

STATE OF NEW YORK

7919--A

2017-2018 Regular Sessions

IN ASSEMBLY

May 19, 2017

Introduced by M. of A. McDONALD -- read once and referred to the Committee on Governmental Employees -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee

AN ACT granting retroactive membership with tier IV status in the New York state and local employees' retirement system to Jessica Strizzi

The People of the State of New York, represented in Senate and Assembly, do enact as follows:

Section 1. Notwithstanding any other law to the contrary, Jessica Strizzi, a member of the New York state and local employees' retirement system, who is currently employed by the office of the state comptroller, and who was previously employed on June 28, 2007 by the village of Green Island as a recreational assistant, and who filed membership applications in such system on June 28, 2007 which should have given her Tier IV status but for reasons not ascribable to her own negligence and due to an administrative error, the application was not processed in the usual manner and therefore not processed until July 9, 2012 may be deemed to have become a member of the New York state and local employees' retirement system on June 28, 2007, if on or before December 31, 2017 she shall file an application therefor with the state comptroller. Upon the receipt of such application, Jessica Strizzi shall be granted Tier IV status in the New York state and local employees' retirement system and be eligible for all the rights and benefits thereof. No contributions made to the New York state and local employees' retirement system by Jessica Strizzi shall be returned to her pursuant to this act.

§ 2. Any past service costs incurred in implementing the provisions of this act shall be borne by the village of Green Island.

§ 3. This act shall take effect immediately.

FISCAL NOTE.--Pursuant to Legislative Law, Section 50:

This bill will allow Jessica Strizzi, an employee of the New York

State Office of the State Comptroller and a former employee of the

Village of Green Island, to receive a retroactive date of membership in

EXPLANATION--Matter in italics (underscored) is new; matter in brackets

[ ] is old law to be omitted.

LBD11758-05-7

A. 7919--A 2

the New York State and Local Employees' Retirement System, thereby

making her a Tier 4 member.

If this bill is enacted, we anticipate that there will be an increase

of approximately $2,900 in annual contributions of the State of New York

for the fiscal year ending March 31, 2018. In future years, this cost

will vary as her billing rate and salary change.

In addition to the annual contributions discussed above, there will be

an immediate past service cost of approximately $5,390 which would be

borne by the Village of Green Island as a one-time payment. This esti-

mate is based on the assumption that payment will be made on February 1,

2018.

Summary of relevant resources:

The membership data used in measuring the impact of the proposed

change was the same as that used in the March 31, 2016 actuarial valu-

ation. Distributions and other statistics can be found in the 2016

Report of the Actuary and the 2016 Comprehensive Annual Financial

Report.

The actuarial assumptions and methods used are described in the 2015

and 2016 Annual Report to the Comptroller on Actuarial Assumptions, and

the Codes Rules and Regulations of the State of New York: Audit and

Control.

The Market Assets and GASB Disclosures are found in the March 31, 2016

New York State and Local Retirement System Financial Statements and

Supplementary Information.

I am a member of the American Academy of Actuaries and meet the Quali-

fication Standards to render the actuarial opinion contained herein.

This estimate, dated May 25, 2017, and intended for use only during

the 2017 Legislative Session, is Fiscal Note No. 2017-110, prepared by

the Actuary for the New York State and Local Retirement System.

Reflowed for reading: line numbers and page breaks removed. Cite the official text.

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