S05392 Summary:

BILL NOS05392A
 
SAME ASSAME AS A07394-A
 
SPONSORMAZIARZ
 
COSPNSR
 
MLTSPNSR
 
Amd S1000, R & SS L
 
Provides three years of retirement service credit to certain retirement system members discharged from military service due to injuries suffered during certain military conflicts even if they did not serve three years in the military.
Go to top    

S05392 Actions:

BILL NOS05392A
 
05/16/2011REFERRED TO CIVIL SERVICE AND PENSIONS
01/04/2012REFERRED TO CIVIL SERVICE AND PENSIONS
03/26/2012AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS
03/26/2012PRINT NUMBER 5392A
Go to top

S05392 Floor Votes:

There are no votes for this bill in this legislative session.
Go to top

S05392 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         5392--A
 
                               2011-2012 Regular Sessions
 
                    IN SENATE
 
                                      May 16, 2011
                                       ___________
 
        Introduced  by  Sen. MAZIARZ -- read twice and ordered printed, and when
          printed to be committed to the Committee on Civil Service and Pensions
          -- recommitted to the Committee  on  Civil  Service  and  Pensions  in
          accordance  with  Senate  Rule 6, sec. 8 -- committee discharged, bill
          amended, ordered reprinted as amended and recommitted to said  commit-

          tee
 
        AN  ACT  to amend the retirement and social security law, in relation to
          providing three years of retirement service credit to certain  members
          of  public  retirement  systems of the state honorably discharged from
          the military for medical  reasons  due  to  injuries  suffered  during
          certain military conflicts
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 1000 of the retirement and social security  law  is
     2  amended by adding a new subdivision 2-a to read as follows:
     3     2-a. A member, upon application to such retirement system, may obtain
     4  a  total  of  three years of service credit for less than three years of
     5  military duty, as defined in section  two  hundred  forty-three  of  the

     6  military  law,  if the member was honorably discharged from the military
     7  for medical reasons due to injuries suffered during such military  duty,
     8  if  all  or part of such services was rendered in the military conflicts
     9  referenced below, as follows:
    10    (a) commencing December seventh, nineteen hundred forty-one and termi-
    11  nating December thirty-first, nineteen hundred forty-six;
    12    (b) commencing June twenty-seventh, nineteen hundred fifty and  termi-
    13  nating January thirty-first, nineteen hundred fifty-five;
    14    (c)  commencing February twenty-eighth, nineteen hundred sixty-one and
    15  terminating May seventh, nineteen hundred seventy-five;
    16    (d) hostilities participated in by the military forces of  the  United

    17  States  in Lebanon, from the first day of June, nineteen hundred eighty-
    18  three to the first day of December, nineteen  hundred  eighty-seven,  as
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00548-05-2

        S. 5392--A                          2
 
     1  established by receipt of the armed forces expeditionary medal, the navy
     2  expeditionary medal, or the marine corps expeditionary medal;
     3    (e)  hostilities  participated in by the military forces of the United
     4  States in Grenada,  from  the  twenty-third  day  of  October,  nineteen
     5  hundred  eighty-three  to  the  twenty-first  day  of November, nineteen

     6  hundred eighty-three, as established by  receipt  of  the  armed  forces
     7  expeditionary  medal,  the navy expeditionary medal, or the marine corps
     8  expeditionary medal;
     9    (f) hostilities participated in by the military forces of  the  United
    10  States  in  Panama, from the twentieth day of December, nineteen hundred
    11  eighty-nine to the thirty-first day of January, nineteen hundred ninety,
    12  as established by receipt of the armed forces expeditionary  medal,  the
    13  navy expeditionary medal, or the marine corps expeditionary medal; or
    14    (g)  hostilities  participated in by the military forces of the United
    15  States, from the second day of August, nineteen hundred ninety,  to  the
    16  end  of  such hostilities in case of a veteran who served in the theater

    17  of operations including Iraq, Kuwait, Saudi Arabia, Bahrain, Qatar,  the
    18  United  Arab  Emirates,  Oman,  the  Gulf of Aden, the Gulf of Oman, the
    19  Persian Gulf, the Red Sea, and the airspace above these locations.
    20    § 2. This act shall take effect immediately and  shall  be  deemed  to
    21  have been in full force and effect on and after December 21, 1998.
          FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
          This bill would amend Chapter 548 of the Laws of 2000 to allow certain
        individuals  with  less  than three (3) years of military duty, who were
        discharged from  the  military  for  medical  reasons  due  to  injuries
        suffered  during  such  military  duty,  to  purchase three (3) years of
        service credit for military duty. The additional service credit  granted
        pursuant  to this legislation, when added to credit granted for military

        service pursuant to any other provision of law shall not exceed a  total
        of three (3) years. Members must have at least five (5) years of credit-
        ed  service and would be required to make a payment of three (3) percent
        of current compensation per year of additional service granted  by  this
        bill.
          The  exact number of members who could be affected by this legislation
        cannot be readily determined. In all likelihood, very few members  would
        be affected.
          Insofar as this bill would affect the New York State and Local Employ-
        ees'  Retirement System and the New York State and Local Police and Fire
        Retirement System, if it is enacted, there would be  an  immediate  past
        service  cost  for  each  affected member. The amount of this cost would
        depend on the member's age, current service,  annual  salary,  plan  and

        tier  status, as well as on the amount of additional service to be cred-
        ited. This cost would be shared by the State of New York and the partic-
        ipating employers in the New York State and Local Employees'  Retirement
        System  and  the  New  York  State  and Local Police and Fire Retirement
        System.
          Summary of relevant resources:
          Data: March 31, 2011 Actuarial Year End  File  with  distributions  of
        membership  and  other  statistics  displayed  in the 2011 Report of the
        Actuary and 2011 Comprehensive Annual Financial Report.
          Assumptions and Methods: 2010 and 2011  Annual  Report  to  the  Comp-
        troller on Actuarial Assumptions, Codes and Rules and Regulations of the
        State of New York: Audit and Control.
          Market  Assets and GASB Disclosures: March 31, 2011 New York State and
        Local Retirement System Financial Statements and Supplementary  Informa-
        tion.

        S. 5392--A                          3
 
          Valuations  of Benefit Liabilities and Actuarial Assets: summarized in
        the 2011 Actuarial Valuations report.
          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, 2012 and intended for use only during
        the 2012 Legislative Session, is Fiscal Note No. 2012-118,  prepared  by
        the  Actuary  for  the  New  York  State and Local Employees' Retirement
        System and the New York State  and  Local  Police  and  Fire  Retirement
        System.
Go to top