What's happening
This bill increases the accidental disability retirement pension for deputy sheriffs from two-thirds to three-quarters of their final average salary.
Why it matters
Increases retirement security for deputy sheriffs. by providing a higher accidental disability pension, which could make the profession more attractive and help retain experienced officers.
Recognizes the risks associated with law enforcement work. , signaling greater state support for deputies who are injured on the job and unable to continue working.
Financial impact on counties is relatively modest. , with a projected 0.3% increase in annual contributions and a one-time past service cost of 0.9% of deputy sheriffs’ compensation—costs that may be weighed against the value of improved benefits.
Aligns deputy sheriffs’ disability benefits more closely with those of other first responders in New York. , potentially addressing equity concerns and standardizing benefits across similar public safety roles.
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Boost Deputy Sheriff Disability Pensions
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History
- Referred to governmental employees
- Reported referred to ways and means
- Referred to governmental employees
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
8386
2017-2018 Regular Sessions
IN ASSEMBLY
June 12, 2017
Introduced by M. of A. ABBATE -- read once and referred to the Committee on Governmental Employees
AN ACT to amend the retirement and social security law, in relation to accidental disability retirement for deputy sheriffs
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Paragraph 3 of subdivision e of section 556 of the retirement and social security law, as added by chapter 165 of the laws of 1995, is amended to read as follows:
3. A pension of two-thirds of his or her final average salary; provided, however, a deputy sheriff shall receive a pension of threequarters of his or her final average salary. The payment of such pension shall be subject to the provisions of section three hundred sixty-four of this chapter.
§ 2. This act shall take effect immediately.
FISCAL NOTE.-- Pursuant to Legislative Law, Section 50:
This bill would grant improved accidental disability pensions to depu-
ty sheriffs who are employed by counties which have elected the
provisions of Article 14-B of the Retirement and Social Security Law for
their deputy sheriffs. The benefit for an accidental disability would be
75% of final average salary minus worker's compensation. The current
benefit is 2/3 of final average salary minus worker's compensation.
If this bill is enacted, the estimated increase in the annual contrib-
utions of affected counties for the fiscal year ending March 31, 2018
would be 0.3% of the compensation of their deputy sheriffs.
In addition to the annual contributions discussed above, there will be
a past service cost of 0.9% of the compensation of such deputy sheriffs
which will be paid by such counties as a one-time payment. This estimate
is based on the assumption that payment will be made on February 1,
2018.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11765-02-7
A. 8386 2
These estimated costs are based on 2,764 deputy sheriffs having an
annual salary for the fiscal year ending March 31, 2016 of approximately
$224.1 million.
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 Mark 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. 2017-106, 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.