S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6958--A
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 28, 2017
                                ___________
 
 Introduced  by M. of A. WALTER, HAWLEY, WALLACE, DiPIETRO -- Multi-Spon-
   sored by -- M.  of A. SCHIMMINGER, WALKER -- read once and referred to
   the Committee on Governmental Employees -- recommitted to the  Commit-
   tee 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 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 allowed to reapply for 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.
   § 2. All costs associated with the implementation of this act shall be
 borne by the state.
   § 3. This act shall take effect immediately.

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

                                                            LBD00172-06-8

 A. 6958--A                          2
 
   Fiscal Note. -- Pursuant to Legislative Law, Section 50:
   This  bill  will allow Lois J. Reid, a service retiree of the New York
 State and Local Employees' Retirement System with a date  of  retirement
 of  March  1, 2003, to apply for a temporary ordinary disability retire-
 ment benefit for the period from June 19, 1992 through March 1, 2003.
   If this bill is enacted, and Lois J. Reid is granted a temporary disa-
 bility benefit, 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. This estimate is based  on  the
 assumption that payment will be made on March 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 March 23, 2018, and intended for use only during
 the 2018 Legislative Session, is Fiscal Note No.  2018-81,  prepared  by
 the Actuary for the New York State and Local Retirement System.