What's happening
This bill allows Brad Steve to receive retroactive special 20-year police retirement credit for prior service in Clyde.
Why it matters
Sets a precedent for retroactive pension adjustments. If passed, this bill could open the door for other public employees with similar circumstances to seek retroactive pension credits, potentially impacting future retirement policy and administrative workload.
Financial responsibility falls on the local government. The Village of Clyde must cover the employer’s past service costs, which can be spread over ten years, possibly affecting local budgets, tax rates, or funding for other services.
Addresses administrative or procedural errors in pension eligibility. By allowing for missed deadlines due to factors not at the employee's fault, the bill acknowledges and remedies bureaucratic oversights, potentially improving fairness in public sector retirement benefits.
Impacts individual retirement security. Brad Steve stands to gain enhanced retirement benefits, including earlier eligibility and potentially higher pension payouts, which could serve as a significant incentive for current and future public safety employees.
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Who cares
Headline styles
Restore Police Pension Credit
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Signed chap.469
- Delivered to governor
- Returned to senate
- Passed assembly
- Home rule request
- Ordered to third reading rules cal.493
- Substituted for A6342
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 62–0
- Home rule request
- Advanced to third reading
Show 3 earlier actions
- 2nd report cal.
- 1st report cal.920
- 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.
Grant Pension Credit to Officer
Assembly Floor Calendar · Sponsor Brian Manktelow
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
3845
2019-2020 Regular Sessions
IN SENATE
February 19, 2019
Introduced by Sen. HELMING -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions
AN ACT to authorize Brad Steve to receive certain service credit under section 384-d of the retirement and social security law
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Notwithstanding any other provision of law to the contrary, Brad Steve, a member of the New York State and local police and fire retirement system, who was employed as a police officer with the village of Clyde, from August 1, 1997 through September 30, 1999, and who, through no fault of his own, failed to file a timely application to participate in the special twenty year retirement plan contained in section 384-d of the retirement and social security law resulting in the crediting of his service with the village of Clyde in the general retirement plan contained in section 375-i of such law, shall be given full credit in the special twenty year retirement plan for such additional cost of such service upon the election of the village of Clyde to assume the additional cost of such service. The village of Clyde may so elect by filing a resolution of its local legislative body together with certification that such police officer did not bar himself from participation in such retirement plan as a result of his own negligence.
§ 2. All employer past service costs associated with implementing the provisions of this act shall be borne by the village of Clyde and may be amortized over a ten year period.
§ 3. This act shall take effect immediately.
FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
This bill will grant Brad Steve, a Tier 2 member of the New York State
and Local Police and Fire Retirement System, additional service credita-
ble under the provisions of section 384-d of the Retirement and Social
Security Law, for time worked as a police officer of the Village of
Clyde between August 1997 and September 1999. Such service is currently
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09494-02-9
S. 3845 2
creditable in the age 55 retirement plan of section 375-c, but not in
the 20 year plan of section 384-d. Brad Steve is currently employed by
the Town of Brighton.
If this legislation is enacted during the 2019 legislative session,
there will not be any additional costs.
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, 2018 actuarial valu-
ation. Distributions and other statistics can be found in the 2018
Report of the Actuary and the 2018 Comprehensive Annual Financial
Report.
The actuarial assumptions and methods used are described in the 2015,
2016, 2017 and 2018 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, 2018
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 fiscal note does not constitute a legal opinion on the viability
of the proposed change nor is it intended to serve as a substitute for
the professional judgment of an attorney.
This estimate, dated February 15, 2019, and intended for use only
during the 2019 Legislative Session, is Fiscal Note No. 2019-51,
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 authorize Brad Steve to receive certain service credit under section 384-d of the retirement and social security law
Purpose
This bill would allow a police officer employed by the Village of Clyde to enroll in the optional twenty year retirement plan.
Summary of provisions
Section 1: Authorizes the Village of Clyde to offer the optional twenty year retirement plan to a police officer employed by the Village who failed to make a timely application to participate for reasons not ascribable to his own negligence.
Section 2: Specifies that all employer past service costs associated with implementing the provisions of this act shall be borne by the Village of Clyde and may be amortized over a ten year period.
Section 3: Provides for an effective date.
Justification
For reasons not ascribable to his own negligence, Village of Clyde police officer Brad Steve failed to make a timely application to partic- ipate in the optional twenty year retirement system. This legislation would remedy that issue.
Legislative history
New Bill.
Fiscal implications
None to the State.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.