S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6998
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               April 3, 2019
                                ___________
 
 Introduced  by M. of A. BURKE -- read once and referred to the Committee
   on Governmental Employees
 
 AN ACT to authorize Patrick Humiston 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 ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Notwithstanding any other provision of law,  Patrick  Humi-
 ston,  currently  a city of Buffalo police officer and member of the New
 York State and local police and fire  retirement  system  covered  under
 section 384-d of the retirement and social security law, who for a peri-
 od  beginning November 12, 2002 and ending August 21, 2006, was employed
 as a deputy sheriff by the Erie County Sheriff's Department where he was
 a member of the New York state and local employees'  retirement  system,
 and  who,  for  reasons  not  ascribable  to his own negligence, was not
 granted service credit under section 384-d of the retirement and  social
 security law for his period of employment with the Erie County Sheriff's
 Department,  shall be granted such service credit under section 384-d of
 the retirement and social security law and shall be entitled to the full
 rights and benefits associated with coverage under such section as  well
 as  section 384-e of such law, provided that a request to that effect is
 filed with the state comptroller within one year from the effective date
 of this act.
   § 2. All past service costs incurred in implementing the provisions of
 this act shall be borne by the city of Buffalo.
   § 3. This act shall take effect immediately.
   FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
   This bill will grant service credit under section 384-d together  with
 section  384-e  of  the Retirement and Social Security Law to Patrick J.
 Humiston, a current member of the New York State and  Local  Police  and
 Fire  Retirement  System  (PFRS),  for  the  period of November 12, 2002
 through August 21, 2006, during which he was employed as a deputy  sher-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD02951-02-9

 A. 6998                             2
 
 iff  in Erie County. Currently, deputy sheriff service is not creditable
 in a PFRS twenty year police retirement plan.
   If  this  bill  is  enacted during the 2019 legislative session, there
 will be an immediate past service cost of approximately  $237,000  which
 will  be  borne by the City of Buffalo as a one-time payment. This esti-
 mate is based on the assumption that payment will be made on February 1,
 2020.
   There will be no increase in the annual contributions of the  City  of
 Buffalo.
   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 March 21, 2019, and intended for use only during
 the 2019 Legislative Session, is Fiscal Note No.  2019-93,  prepared  by
 the Actuary for the New York State and Local Retirement System.