Authorizes Christopher P. Mayr to receive certain credit under section 384-d of the retirement and social security law for service as a fire fighter employed by the city of Rensselaer.
STATE OF NEW YORK
________________________________________________________________________
8105
2025-2026 Regular Sessions
IN SENATE
May 15, 2025
___________
Introduced by Sen. ASHBY -- read twice and ordered printed, and when
printed to be committed to the Committee on Civil Service and Pensions
AN ACT to authorize Christopher P. Mayr to receive certain 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:
1 Section 1. Notwithstanding any other provision of law to the contrary,
2 Christopher P. Mayr, who is currently a retired member of the New York
3 State and local police and fire retirement system covered under section
4 384-e of the retirement and social security law, who for the period
5 beginning July 31, 1997 and ending August 28, 2004, was employed as a
6 fire fighter with the city of Rensselaer, county of Rensselaer, and who,
7 for reasons not ascribable to his own negligence, was not granted
8 service credit under section 384-d of the retirement and social securi-
9 ty law for such period of employment with the city of Rensselaer, shall
10 be granted such service credit under section 384-d of the retirement
11 and social security law and shall be entitled to the full rights and
12 benefits associated with coverage under such section as well as section
13 384-e of such law, provided that a request to that effect is filed with
14 the state comptroller within one year from the effective date of this
15 act.
16 § 2. All past service costs incurred in implementing the provisions of
17 this act shall be borne by the city of Rensselaer.
18 § 3. This act shall take effect immediately.
FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
This bill would grant Christopher P. Mayr, a retiree of the New York
State and Local Police and Fire Retirement System, additional service
credit for time worked as a fire fighter with the City of Rensselaer.
If this bill is enacted during the 2025 Legislative Session, there
will be an immediate past service cost of approximately $115,000 which
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD11006-03-5
S. 8105 2
will be borne by the City of Rensselaer as a one-time payment. This
estimate assumes that payment will be made on February 1, 2026.
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 May 15, 2025, and intended for use only during
the 2025 Legislative Session, is Fiscal Note No. 2025-131. 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.
