What's happening
This bill allows Danielle Galasso to retroactively join the New York State and Local Employees' Retirement System with Tier IV status.
Why it matters
Ensures fairness for an employee. By allowing Danielle Galasso to retroactively join the retirement system due to reasons "not ascribable to her own negligence," the bill addresses a potential administrative oversight, ensuring she is not penalized for something outside her control.
Provides more favorable retirement benefits. Tier IV status is generally more advantageous than the Tier V status currently available to her, potentially resulting in better pension benefits, retirement age options, and contribution rates for Danielle Galasso.
Financial impact falls on the local municipality. The Town of Oyster Bay, rather than the state or the individual, is responsible for both the immediate one-time cost (approximately $1,110) and increased annual contributions (about $1,200/year), meaning local taxpayers ultimately bear the cost of correcting the membership date.
Sets a precedent for similar cases. Approving such individualized legislation could encourage other employees in comparable situations to seek similar retroactive adjustments, potentially increasing future administrative and financial burdens for municipalities.
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Who cares
Headline styles
Retroactive Pension for Galasso
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Substituted by A6320A
- Ordered to third reading cal.2043
- Committee discharged and committed to rules
- Print number 5743a
- Amend and recommit to civil service and pensions
- Referred to civil service and pensions
- 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.
Retroactive Pension for Galasso
Vetoed · Sponsor Michael Montesano
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
5743--A
2017-2018 Regular Sessions
IN SENATE
April 27, 2017
Introduced by Sen. MARCELLINO -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions -- recommitted to the Committee on Civil Service and Pensions in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee
AN ACT to grant Danielle Galasso a retroactive membership date in the New York state and local employees' retirement system
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Notwithstanding any provision of law to the contrary, Danielle Galasso, an employee of the town of Oyster Bay and a member of the New York state and local employees' retirement system, who was employed by the town of Oyster Bay as a seasonal employee from July 10, 2003 through September 30, 2003 and who, for reasons not ascribable to her own negligence, failed to become a member of such retirement system during such employment by the town of Oyster Bay in 2003, shall be deemed to have joined the New York state and local employees' retirement system on July 10, 2003 and shall be granted Tier IV status in such retirement system, if, within one year of the effective date of this act, she shall file a written request to that effect with the state comptroller.
§ 2. All past service costs of implementing the provisions of this act shall be borne by the town of Oyster Bay.
§ 3. Notwithstanding any other provision of law, no employee contributions shall be returned to Danielle Galasso.
§ 4. This act shall take effect immediately.
FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
This bill will grant retroactive Tier 4 status in the New York State
and Local Employees' Retirement System to Danielle Galasso, a current
Tier 5 member employed by the town of Oyster Bay, by changing her date
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD06076-07-8
S. 5743--A 2
of membership to July 10, 2003, her first date of employment with the
town of Oyster Bay. There will be no refund of member contributions.
If this bill is enacted during the 2018 legislative session, there
will be an increase of approximately $1,200 in the annual contributions
of the town of Oyster Bay for the fiscal year ending March 31, 2019. In
future years, this cost will vary as the billing rates and salary of
Danielle Galasso change.
In addition to the annual contributions discussed above, there will be
an immediate past service cost of approximately $1,110 which will be
borne by the town of Oyster Bay as a one-time payment. This estimate is
based on the assumption that payment will be made on February 1, 2019.
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, 2017 actuarial valu-
ation. Distributions and other statistics can be found in the 2017
Report of the Actuary and the 2017 Comprehensive Annual Financial
Report.
The actuarial assumptions and methods used are described in the 2015,
2016, and 2017 Annual Report to the Comptroller on Actuarial Assump-
tions, 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, 2017
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 April 23, 2018, and intended for use only during
the 2018 Legislative Session, is Fiscal Note No. 2018-60, 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.
Sponsor's memo
Title of bill
An act to grant Danielle Galasso a retroactive member- ship date in the New York state and local employees' retirement system
Purpose
This legislation would grant Danielle Galasso a retroactive membership date in the New York State and Local Employees' Retirement System.
Summary of provisions
Notwithstanding any provision of law to the contrary, this legislation would grant Danielle Galasso, an employee of the Town of Oyster Bay, a retroactive membership date in the NY State and Local Retirement System of July 10, 2003.
Justification
Danielle Galasso, an employee with the Town of Oyster Bay and a member of the New York State and local retirement system, was employed by the Town of Oyster Bay in 2003 but failed to become a member of the retire- ment system at that time.
The failure to join the system was not due to her own negligence and this legislation addresses this issue by granting Ms. Galasso Tier IV status and deems her to have joined the system on July 10, 2003.
Legislative history
Same as S.7680 of 2016
Fiscal implications
See fiscal note.
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.