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S09982 Summary:

BILL NOS09982A
 
SAME ASNo Same As
 
SPONSORTEDISCO
 
COSPNSR
 
MLTSPNSR
 
 
Authorizes Kurt Nolan to receive certain credit under sections 384-d and 384-e of the retirement and social security law for prior employment with the New York state university police.
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S09982 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         9982--A
 
                    IN SENATE
 
                                     April 20, 2026
                                       ___________
 
        Introduced  by  Sen. TEDISCO -- read twice and ordered printed, and when
          printed to be committed to the Committee on Civil Service and Pensions
          -- committee discharged, bill amended, ordered  reprinted  as  amended
          and recommitted to said committee
 
        AN  ACT  in relation to authorizing Kurt Nolan to receive certain credit
          under sections 384-d and 384-e 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,  Kurt  Nolan,
     2  currently  a  part-time  police officer with the village of Ballston Spa
     3  police department and member of the New York state and local police  and
     4  fire  retirement  system  covered by section 384-d of the retirement and
     5  social security law, who from October,  2010  through  March,  2016  was
     6  employed  as  a  university  police  inspector  with  the New York state
     7  university police, and who  from  March,  2016  through  May,  2021  was
     8  employed  as a university police officer with the New York state univer-
     9  sity police, for reasons not ascribable to his own negligence,  was  not
    10  granted  service credit under sections 384-d and 384-e of the retirement
    11  and social security law for his periods of employment with the New  York
    12  state  university  police,  shall  be  granted such service credit under
    13  sections 384-d and 384-e of the retirement and social security  law  and
    14  shall be entitled to the full rights and benefits associated with cover-
    15  age under such sections, provided a request to that effect is filed with
    16  the  state  comptroller  within one year from the effective date of this
    17  act.
    18    § 2. All past service costs incurred in implementing the provisions of
    19  this act shall be borne by the state of New York.
    20    § 3. This act shall take effect immediately.
          FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
          This bill would grant service credit in sections 384-d  and  384-e  of
        the  retirement  and  social security law (RSSL) to Kurt Nolan, a Tier 5
        member of the New York State and Local Police and Fire Retirement System
        (NYSLPFRS) currently employed by the village  of  Ballston  Spa.  Credit
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15292-07-6

        S. 9982--A                          2
 
        would  be  granted for the period of October 2010 through May 2021 while
        the member was employed as a university police inspector and a universi-
        ty police officer, covered under Article 15 and section  383-d,  respec-
        tively.
          This  bill  will  not  increase  the  village of Ballston Spa's annual
        contributions.
          Insofar as this bill affects NYSLPFRS, there will be an immediate past
        service cost of $200,000 borne by the state of New York  as  a  one-time
        payment. This cost assumes that payment will be made on March 1, 2027.
          Summary of relevant resources:
          Membership data as of March 31, 2025 was used to measure the impact of
        the  bill, the same data used in the Actuarial Valuations dated April 1,
        2025. Distributions and other statistics can be found in the 2025 Report
        of the Actuary and the 2025 Annual Comprehensive Financial  Report.  The
        actuarial  assumptions and methods used are described in the 2025 Annual
        Report to the Comptroller on Actuarial Assumptions, and the Codes, Rules
        and Regulations of the State of New York: Audit and  Control.  The  fair
        value  of assets and GASB disclosures can be found in the 2025 Financial
        Statements and Supplementary Information.
          Assumptions, demographics, and  other  considerations  may  have  been
        modified  to  better reflect specific provisions of any proposed benefit
        change(s).
          This fiscal note does not constitute a legal opinion on the  viability
        of the bill, nor is it intended to serve as a substitute for the profes-
        sional judgment of an attorney.
          This  estimate,  dated  May 29, 2026, and intended for use only during
        the 2026 Legislative Session, is Fiscal Note Number 2026-234.  As  Chief
        Actuary  of  the New York State and Local Retirement System (NYSLRS), I,
        Aaron Schottin Young, hereby certify that this  analysis  complies  with
        applicable  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.  I  am a member of NYSLRS but do not believe it
        impairs my objectivity.
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