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A05462 Summary:

BILL NOA05462
 
SAME ASSAME AS S04752
 
SPONSORPeoples-Stokes
 
COSPNSRRodriguez
 
MLTSPNSR
 
 
Authorizes Janice Middlebrooks, the widow of William James Middlebrooks, to file a retirement option election on behalf of her deceased husband.
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A05462 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A5462
 
SPONSOR: Peoples-Stokes (MS)
  TITLE OF BILL: An act to authorize the widow of William James Middle- brooks to file a retirement option election form   PURPOSE: Authorizes the widow of William James Middlebrooks to file a retirement option election form for her deceased husband.   SUMMARY OF SPECIFIC PROVISIONS: Section 1 provides that Janice Middlebrooks is authorized to file an election option form on behalf of her late husband, William James Middlebrooks who was an employee at the Albion Correctional Facility until he was diagnosed with cancer. It allows Janice Middlebrooks to file an ordinary disability claim on behalf of her late husband with a retirement date of November 1, 2004 and that the benefits will continue to Janice Middlebrooks for her lifetime. Immediate past service cost of approximately $218,000 will be shared by the State of New York and all participating employers in the New York State and Local Employees' Retirement System. Section 2 sets the effective date   JUSTIFICATION: This act is designed to provide financially assistance to the widow of William James Middlebrooks, a New York State employee, whose dedicated years of service was an asset to the Albion Correctional Facility and passed away after his battle of cancer in 2006.This act will therefore provide Ms. Middlebrooks with the fiscal support intended for use by Mr. Middlebrooks for retirement benefits, which ceased upon his passing and when reinstated will be used by Ms. Middlebrooks for the remainder of her lifetime.   PRIOR LEGISLATIVE HISTORY: A7709a of 2011/2012; A3704 of 2013/2014.   FISCAL IMPLICATIONS: Pursuant to Legislative Law, Section 50, authorizing Janice Middlebrooks to file a disability application with a date of retirement of November 1, 2004 and receive disability retirement from the period of 11/1/04-3/28/05 and will continue for the rest of her lifetime. If enacted the immediate service cost would be approximately $218,000, shared by the State of New York and participating employers in the New York State and Local Employees' Retirement System This estimate, dated February 5, 2015 and intended for the use of the 2015 Legislative Session, is Fiscal Note No. 2015-59, prepared by the Actuary for the New York State and Local Employees' Retirement System.   EFFECTIVE DATE: This act shall take effect immediately.
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