New York State Assembly

 
•  Summary 
 
•  Actions 
 
•  Committee Votes 
 
•  Floor Votes 
 
•  Memo 
 
•  Text 

A07146 Summary:

A07146 Actions:

A07146 Committee Votes:

Committee:WAYS AND MEANS   Chair:Farrell      
DATE:06/08/2016AYE/NAY:30/2  Action: Favorable refer to committee Rules        
Farrell
Aye
Oaks
Aye
Lentol
Aye
Crouch
Aye
Schimminger
Aye
Barclay
Aye
Gantt
Aye
Fitzpatrick
Nay
Weinstein
Aye
Saladino
Aye
Glick
Aye
Hawley
Aye
Nolan
Excused
Duprey
Excused
Pretlow
Aye
Corwin
Nay
Perry
Aye
Malliotakis
Aye
Colton
Aye
Walter
Aye
Cook
Aye
Cahill
Aye
Aubry
Aye
Hooper
Aye
Thiele
Aye
Wright
Aye
Cusick
Aye
Ortiz
Aye
Benedetto
Aye
Markey
Aye
Moya
Aye
Weprin
Aye
Rodriguez
Aye
Ramos
Excused
Braunstein
Aye

Committee:RULES   Chair:Heastie      
DATE:06/14/2016AYE/NAY:27/0  Action: Favorable         
Heastie
Aye
Kolb
Aye
Gottfried
Aye
Tedisco
Aye
Lentol
Aye
Oaks
Aye
Farrell
Aye
Butler
Aye
Gantt
Aye
Crouch
Aye
Nolan
Aye
Finch
Excused
Weinstein
Aye
Barclay
Aye
Hooper
Aye
Raia
Aye
Ortiz
Aye
Duprey
Aye
Pretlow
Aye
Cook
Aye
Glick
Aye
Morelle
Aye
Aubry
Aye
Englebright
Aye
Wright
Excused
Dinowitz
Excused
Colton
Aye
Magnarelli
Aye
Perry
Aye
Markey
Aye

A07146 Floor Votes:

A07146 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         7146--A
 
                               2015-2016 Regular Sessions
 
                   IN ASSEMBLY
 
                                     April 27, 2015
                                       ___________
 
        Introduced by M. of A. ABBATE -- Multi-Sponsored by -- M. of A. GOLDFED-
          ER  -- read once and referred to the Committee on Governmental Employ-
          ees -- recommitted to  the  Committee  on  Governmental  Employees  in
          accordance  with Assembly Rule 3, sec. 2 -- 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
          accidental disability retirement
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1. Paragraph 2 of subdivision a of section 363 of the retire-
     2  ment and social security law, as amended by chapter 489 of the  laws  of
     3  2008, is amended to read as follows:
     4    2. Actually in service upon which his membership is based. However, in
     5  a  case  where  a  member is discontinued from service subsequent to the
     6  accident, either voluntarily or involuntarily,  and  provided  that  the
     7  member  meets  the  requirements  of  paragraph one of this subdivision,
     8  application may be made, either (a) by a vested member incapacitated  as
     9  the  result  of  a qualifying World Trade Center condition as defined in
    10  section two of this chapter at any time, or (b) not later than two years
    11  after the member is first discontinued from service.   Provided  further
    12  that in the case of an application filed for accidental disability bene-
    13  fits  pursuant to section three hundred sixty-three-d of this title, the
    14  requirements for filing for such benefits shall be five years.
    15    § 2. This act shall take effect immediately and apply to all  applica-
    16  tions filed on or after January 1, 2014.
          FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
          This bill would extend the filing deadline from 2 years to 5 years for
        active  and  retired firefighters in the New York State and Local Police
        and Fire Retirement System to file an application for  accidental  disa-
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10604-03-6
        A. 7146--A                          2
 
        bility retirement due to certain cancers. It will apply to all disabili-
        ty applications filed on or after January 1, 2014.
          If  this  bill  is enacted, the cost would depend on the age, service,
        salary and plan of the affected firefighters, as well  as  whether  such
        person  would have otherwise been eligible for, or has been receiving an
        ordinary disability, a performance  of  duty  disability  or  a  service
        retirement.
          For  those  who apply for this benefit subsequent to a service retire-
        ment, it is estimated that there would be an average per person cost  of
        approximately  2  times final average salary. For those who apply subse-
        quent to a performance of duty retirement, it is  estimated  that  there
        would  be  an  average  per person cost of approximately 2.5 times final
        average salary. For those who apply subsequent to an ordinary disability
        retirement, it is estimated that there would be an  average  per  person
        cost  of  approximately  5  times  final  average  salary. The number of
        members and retirees who could be affected by this legislation cannot be
        readily determined. These costs would be borne by the State of New  York
        and  all  the  participating  employers  in the New York State and Local
        Police and Fire Retirement System.
          For the one person known to be affected, there will be a one-time cost
        of approximately $244,000. This cost will be shared by the State of  New
        York and all the participating employers in the New York State and Local
        Police and Fire Retirement System.
          Summary of relevant resources:
          The  membership  data  used  in  measuring  the impact of the proposed
        change was the same as that used in the March 31, 2015  actuarial  valu-
        ation.    Distributions  and  other  statistics can be found in the 2015
        Report of the  Actuary  and  the  2015  Comprehensive  Annual  Financial
        Report.
          The  actuarial  assumptions and methods used are described in the 2015
        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, 2015
        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  estimate,  dated  January  28,  2016,  and intended for use only
        during the  2016  Legislative  Session,  is  Fiscal  Note  No.  2016-38,
        prepared  for by the Actuary for the New York State and Local Retirement
        System.