•  Summary 
  •  
  •  Actions 
  •  
  •  Votes 
  •  
  •  Memo 
  •  
  •  Text 

A06528 Summary:

BILL NO    A06528A

SAME AS    SAME AS S04352-A

SPONSOR    DiPietro

COSPNSR    

MLTSPNSR   



Grants retroactive membership with Tier 1 status in the New York teachers'
retirement system to James J. DeMarco.
Go to top

A06528 Memo:

BILL NUMBER:A6528A

TITLE OF BILL:  An act granting retroactive membership with tier I
status in the New York teachers' retirement system to James J. DeMarco

PURPOSE OR GENERAL IDEA OF BILL:

This bill gives Tier 2 status to James J. DeMarco, who through no
fault of his own did not become a member of the New York State and
local employees' retirement system on July 17th 1969, when he began
employment.

SUMMARY OF SPECIFIC PROVISIONS:

Section 1 deems James J. DeMarco a member of the New York State and
Local Employees' Retirement System as of July 17, 1969.

JUSTIFICATION:

James J. DeMarco, who began seasonal employment at the New York Power
Authority in 1969, is currently classified as a Tier 2 member of the
New York State and local employees' retirement system as a result of
not becoming a member when he was first employed.

PRIOR LEGISLATIVE HISTORY:

A9095A: 2009-2010 Legislative Session- died in Governmental Employees
A6528: 2012-2013 Legislative Session- died in Governmental Employees

FISCAL IMPLICATIONS:

The cost of this benefit is estimated to be $416,000.

EFFECTIVE DATE:

Immediately
Go to top
Page display time = 0.0827 sec