Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 24, 2016 |
held for consideration in governmental employees |
Mar 11, 2016 |
print number 6230a |
Mar 11, 2016 |
amend and recommit to governmental employees |
Jan 06, 2016 |
referred to governmental employees |
Mar 18, 2015 |
referred to governmental employees |
Assembly Bill A6230A
2015-2016 Legislative Session
Sponsored By
DIPIETRO
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Bill Amendments
2015-A6230 - Details
2015-A6230 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6230 2015-2016 Regular Sessions I N A S S E M B L Y March 18, 2015 ___________ Introduced by M. of A. DiPIETRO -- read once and referred to the Commit- tee on Governmental Employees AN ACT granting retroactive membership with tier I status in the New York teachers' retirement system to James J. DeMarco THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding any other law to the contrary, James J. DeMarco, who was employed as a seasonal employee with the New York power authority with a start date of July 17, 1969, and who is currently a retired member of the New York state teachers' retirement system, who through no fault of his own did not become a member of the New York state and local employees' retirement system on July 17, 1969 when first employed by the New York power authority shall be deemed to have been a member of the New York state and local employees' retirement system on such date he commenced his employment and shall be granted Tier I status, provided that an application is filed with the head of the New York state teachers' retirement system within one year from the effec- tive date of this act. S 2. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: This bill would allow James J. DeMarco, a retired Tier 2 member of the New York State Teachers' Retirement System, to be reclassified as a Tier 1 member. His date of membership would be changed based upon his employ- ment as a seasonal employee in 1969 for the New York Power Authority. Additionally, Mr. DeMarco's pension would be recalculated with retroac- tive adjustment to payments made since his date of retirement of Decem- ber 7, 2007. The cost of this benefit is equal to the increase in the present value of liabilities, which is estimated to be $437,000. Employee data is from the system's most recent actuarial valuation files, consisting of data provided by the employers to the Retirement EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01297-02-5
2015-A6230A (ACTIVE) - Details
2015-A6230A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6230--A 2015-2016 Regular Sessions I N A S S E M B L Y March 18, 2015 ___________ Introduced by M. of A. DiPIETRO -- read once and referred to the Commit- tee on Governmental Employees -- recommitted to the Committee on Governmental Employees in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT granting retroactive membership with tier I status in the New York teachers' retirement system to James J. DeMarco THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding any other law to the contrary, James J. DeMarco, who was employed as a seasonal employee with the New York power authority with a start date of July 17, 1969, and who is currently a retired member of the New York state teachers' retirement system, who through no fault of his own did not become a member of the New York state and local employees' retirement system on July 17, 1969 when first employed by the New York power authority shall be deemed to have been a member of the New York state and local employees' retirement system on such date he commenced his employment and shall be granted Tier I status, provided that an application is filed with the head of the New York state teachers' retirement system within one year from the effec- tive date of this act. S 2. This act shall take effect immediately. FISCAL NOTE.--Pursuant to Legislative Law, Section 50: This bill would allow James J. DeMarco, a retired Tier 2 member of the New York State Teachers' Retirement System, to be reclassified as a Tier 1 member. His date of membership would be changed based upon his employ- ment as a seasonal employee in 1969 for the New York Power Authority. Additionally, Mr. DeMarco's pension would be recalculated with retroac- tive adjustment to payments made since his date of retirement of Decem- ber 7, 2007. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01297-04-6
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