S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  6581

                            I N  S E N A T E

                            February 29, 2012
                               ___________

Introduced by Sens. GRISANTI, MAZIARZ -- read twice and ordered printed,
  and when printed to be committed to the Committee on Civil Service and
  Pensions

AN  ACT  to  authorize  Lois  J.  Reid  to apply for ordinary disability
  retirement benefits from the  New  York  state  and  local  employees'
  retirement system

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Notwithstanding any other provision of law, Lois  J.  Reid,
who  was  employed  by the Erie County Youth Board on March 6, 1970, and
who was employed by the New York state department of social services  on
May  16,  1985,  was a member of the New York state and local employees'
retirement system for  approximately  17.5  years,  was  diagnosed  with
chronic  fatigue  syndrome  in 1990, which is a symptom of mitochondrial
disease, of which was diagnosed on March 1, 2011,  and  which  was  only
recently identified by the medical community, was declared to be totally
and  permanently  disabled  by  the  New York state department of social
services in 1990, and who was declared to  be  totally  and  permanently
disabled  by  the  United  States  social security administration in the
early 1990s, and who was denied ordinary disability retirement benefits,
shall be entitled to collect  ordinary  disability  retirement  benefits
from  the New York state and local employees' retirement system covering
the period from June 19, 1992 through March 1, 2003 if, within one  year
of  the  effective date of this act, she shall file a written request to
that effect with the state comptroller. All retirement benefits  payable
pursuant to the provisions of this act shall be paid to Lois J. Reid.
  S 2. All costs associated with the implementation of this act shall be
borne by the state.
  S 3. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This bill will grant temporary ordinary disability retirement benefits
to  Lois  J.  Read, a retiree of the New York State and Local Employees'
Retirement System, for the period from June 19, 1992  through  March  1,
2003.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
              

                                                           LBD14283-02-2

S. 6581                             2

  If this bill is enacted, we anticipate that there will be an immediate
past  service cost of approximately $127,000. This cost will be borne by
the State of New York as a one-time payment.
  Summary of relevant resources:
  Data:  March  31,  2011  Actuarial Year End File with distributions of
membership and other statistics displayed in  the  2011  Report  of  the
Actuary and 2011 Comprehensive Annual Financial Report.
  Assumptions  and  Methods:  2010  and  2011 Annual Report to the Comp-
troller on Actuarial Assumptions, Codes Rules  and  Regulations  of  the
State of New York: Audit and Control.
  Market  Assets and GASB Disclosures: March 31, 2011 New York State and
Local Retirement System Financial Statements and Supplementary  Informa-
tion.
  Valuations  of Benefit Liabilities and Actuarial Assets: summarized in
the 2011 Actuarial Valuations report.
  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 February 24,  2012  and  intended  for  use  only
during  the  2012  Legislative  Session,  is  Fiscal  Note  No. 2012-89,
prepared by the Actuary for the New  York  State  and  Local  Employees'
Retirement System.