S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7384
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                              April 11, 2025
                                ___________
 
 Introduced  by  Sen. C. RYAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
 
 AN ACT in relation to authorizing the Onondaga County Sheriff's  Depart-
   ment,  in  the  county  of Onondaga, to offer the optional twenty year
   retirement plan to deputy sheriffs Brittany E.  Dorn,  Noah  C.  Hunt,
   Daniel D. Lorenzini, Gordon J.  Lopez, Tre C. Fesinger, Christopher L.
   Van Dusen
 
   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 to the contrary,
 the Onondaga county sheriff's department, in the county of  Onondaga,  a
 participating employer in the New York state local employees' retirement
 system,  which  previously  elected  to  offer  the optional twenty year
 retirement plan, established pursuant to section 552 of  the  retirement
 and  social  security  law, to deputy sheriffs employed by the sheriff's
 department, is hereby authorized to  make  participation  in  such  plan
 available to Brittany E. Dorn, Noah C. Hunt, Daniel D. Lorenzini, Gordon
 J.  Lopez,  Tre  C.  Fesinger, Christopher L. Van Dusen, deputy sheriffs
 employed by the county of Onondaga, who, for reasons not  ascribable  to
 their  own negligence, failed to make timely applications to participate
 in such optional twenty year retirement plan. The county of Onondaga may
 so elect by filing with the state comptroller, on  or  before  180  days
 after this act shall have become law, a resolution of its governing body
 together  with certification that such deputy sheriffs did not bar them-
 selves from participation in the retirement plan as a  result  of  their
 own  negligence. Thereafter, such deputy sheriffs may individually elect
 to be covered by the provisions of section 552  of  the  retirement  and
 social  security  law and shall be entitled to the full rights and bene-
 fits associated with coverage under such section, by  filing  a  request
 with the state within one year of the effective date of this act.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09049-04-5
 S. 7384                             2
              

 
   §   2.  All  past  service  costs  associated  with  implementing  the
 provisions of this act shall be borne by the county of Onondaga.
   § 3. This act shall take effect immediately.
   FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
   This  bill  would  allow  Onondaga  County to reopen the provisions of
 Article 14-B of the Retirement and Social Security Law (RSSL) to Britta-
 ny E.  Dorn, Noah C. Hunt, Daniel D. Lorenzini, Gordon J. Lopez, Tre  C.
 Fesinger, and Christopher L. Van Dusen.
   If this bill is enacted during the 2025 Legislative Session, we antic-
 ipate  that  there  will  be an increase of approximately $39,000 in the
 annual contributions of Onondaga County for the fiscal year ending March
 31, 2026. In future years this cost will vary but is expected to average
 5.9% of salary annually.
   In addition to the annual contributions discussed above, there will be
 an immediate past service cost of approximately $382,000 which  will  be
 borne  by  Onondaga  County as a one-time payment. This estimate assumes
 that payment will be made on February 1, 2026.
   These estimates are based on six affected members employed by Onondaga
 County, with annual salary of approximately $529,000  as  of  March  31,
 2024.
   Summary of relevant resources:
   Membership  data as of March 31, 2024 was used in measuring the impact
 of the proposed change, the same data used in the April 1, 2024 actuari-
 al valuation. Distributions and other statistics can  be  found  in  the
 2024  Report  of the Actuary and the 2024 Annual Comprehensive Financial
 Report.  The actuarial assumptions and methods used are described in the
 2024 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, 2024 New York State and Local Retirement System Financial Statements
 and Supplementary Information.
   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 April 9, 2025, and intended for use only during
 the 2025 Legislative Session, is Fiscal  Note  No.  2025-108.  As  Chief
 Actuary  of  the  New  York  State and Local Retirement System, I, Aaron
 Schottin Young, hereby certify that this analysis complies with applica-
 ble Actuarial Standards of Practice as well as the Code of  Professional
 Conduct  and Qualification Standards for Actuaries Issuing Statements of
 Actuarial Opinion of the American Academy of Actuaries, of which I am  a
 member.