•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video/Transcript 

A09837 Summary:

BILL NOA09837
 
SAME ASSAME AS S08990
 
SPONSORZinerman
 
COSPNSR
 
MLTSPNSR
 
Amd 381-b, R & SS L
 
Authorizes a member to obtain up to three years of service credit for prior paid police service within the United States with an accredited police agency outside of the state of New York; requires a member to have at least five years of credited service to be eligible to receive such credit.
Go to top    

A09837 Actions:

BILL NOA09837
 
04/11/2024referred to governmental employees
Go to top

A09837 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A9837
 
SPONSOR: Zinerman
  TITLE OF BILL: An act to amend the retirement and social security law, in relation to prior police service with an accredited police agency outside of the state of New York   SUMMARY OF PROVISIONS: Section 1 adds a new paragraph 3 to subdivision c of section 381-b of the retirement and social security law to allow for a service credit of up to three years of out of state service at an accredited police agen- cy. Section 2 is the effective date.   JUSTIFICATION: Currently, only one out of every twelve candidates to join the New York State Police follow it through to completion. One impediment is that, for those coming from another state's police agencies, time accrued out of state does not get factored in for purposes of calculating retirement benefits. This bill, by allowing for up to three years of this service to be counted for instate retirement, would encourage more qualified and experienced candidates to apply to join the State Police.   PRIOR LEGISLATIVE HISTORY: This is a new bill   FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS: See fiscal note   EFFECTIVE DATE: This act shall take effect immediately.
Go to top

A09837 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9837
 
                   IN ASSEMBLY
 
                                     April 11, 2024
                                       ___________
 
        Introduced by M. of A. ZINERMAN -- read once and referred to the Commit-
          tee on Governmental Employees
 
        AN  ACT  to amend the retirement and social security law, in relation to
          prior police service with an accredited police agency outside  of  the
          state of New York
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subdivision c of section 381-b of the retirement and social
     2  security law is amended by adding a new paragraph 3 to read as follows:
     3    (3) (i) Prior police service with an accredited police agency  outside
     4  of  the  state of New York. A member, upon application to the retirement
     5  system, may obtain a total of up to three years of  service  credit  for
     6  prior  police  service  performed  as  a  paid police officer within the
     7  United States but outside  of  the  state,  provided  such  service  was
     8  performed  with  an  accredited  police agency. To obtain such credit, a
     9  member shall pay the retirement system, for deposit in the fund used  to
    10  accumulate  employer  contributions,  a  sum equal to the product of the
    11  number of years being claimed and the applicable  contribution  rate  of
    12  such  member's  current  tier  status earned during the twelve months of
    13  credited service immediately preceding the date  that  the  member  made
    14  application  for  credit  pursuant to this paragraph.  To be eligible to
    15  receive prior service credit under this paragraph, a member  shall  make
    16  application prior to the effective date of such member's retirement.
    17    (ii)  A member shall have at least five years of credited service (not
    18  including service granted hereunder) to be eligible  to  receive  credit
    19  under this paragraph.
    20    § 2. This act shall take effect on the one hundred twentieth day after
    21  it  shall have become a law. Effective immediately, the addition, amend-
    22  ment and/or repeal of any rule or regulation necessary for the implemen-
    23  tation of this act on its effective date are authorized to be  made  and
    24  completed on or before such effective date.
          FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
          This  bill  would  allow  any member of the New York State Division of
        State Police to be eligible for up to three years of service credit with
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14832-04-4

        A. 9837                             2
 
        the  New  York  State  and  Local  Police  and  Fire  Retirement  System
        (NYSLPFRS)  for  paid employment as a police officer with an "accredited
        police agency" in another state.
          Except  for  military  service,  current law only allows for crediting
        prior service for  periods  of  paid  employment  with  a  participating
        employer in a New York State public retirement system.
          If  this  bill  is  enacted during the 2024 legislative session, it is
        estimated that the past service cost will average approximately  30%  of
        an affected member's most recent 12 months of compensation for each year
        of additional service that is credited. This cost will be reduced by any
        contributions  required to be paid by the member, which are estimated to
        be 3% for Tier 5 members and 6% for Tier 6 members. All remaining  costs
        will  be  billed to the State of New York annually, based on those bene-
        fiting from this provision.
          Further, we anticipate significant administrative costs  to  implement
        the provisions of this legislation.
          The  exact  number  of  current  members as well as future members who
        could be affected by this legislation cannot be readily determined.
          Summary of relevant resources:
          Membership data as of March 31, 2023 was used in measuring the  impact
        of the proposed change, the same data used in the April 1, 2023 actuari-
        al  valuation.  Distributions  and  other statistics can be found in the
        2023 Report of the Actuary and the 2023 Annual  Comprehensive  Financial
        Report.
          The  actuarial  assumptions and methods used are described in the 2023
        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, 2023
        New York State and Local  Retirement  System  Financial  Statements  and
        Supplementary Information.
          I am a member of the American Academy of Actuaries and meet the Quali-
        fication Standards to render the actuarial opinion contained herein.
          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 April 4, 2024, and intended for use only during
        the 2024 Legislative Session, is Fiscal Note No. 2024-150,  prepared  by
        the Actuary for the New York State and Local Retirement System.
Go to top