-  This bill is not active in this session.
 

A07434 Summary:

BILL NOA07434
 
SAME ASSAME AS S05611
 
SPONSORStec
 
COSPNSRAshby, Woerner
 
MLTSPNSR
 
 
Allows deputy sheriffs Matthew Ashton, Bradley Hamilton, and Joshua Whitney, to join the optional twenty-five year retirement plan, county of Washington.
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A07434 Actions:

BILL NOA07434
 
05/03/2019referred to governmental employees
06/05/2019reported referred to ways and means
06/19/2019reported referred to rules
06/20/2019reported
06/20/2019rules report cal.651
06/20/2019substituted by s5611
 S05611 AMEND= LITTLE
 05/08/2019REFERRED TO CIVIL SERVICE AND PENSIONS
 06/20/2019COMMITTEE DISCHARGED AND COMMITTED TO RULES
 06/20/2019ORDERED TO THIRD READING CAL.1823
 06/20/2019HOME RULE REQUEST
 06/20/2019PASSED SENATE
 06/20/2019DELIVERED TO ASSEMBLY
 06/20/2019referred to ways and means
 06/20/2019substituted for a7434
 06/20/2019ordered to third reading rules cal.651
 06/20/2019home rule request
 06/20/2019passed assembly
 06/20/2019returned to senate
 11/26/2019DELIVERED TO GOVERNOR
 12/06/2019SIGNED CHAP.604
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A07434 Committee Votes:

GOVERNMENTAL EMPLOYEES Chair:Abbate DATE:06/05/2019AYE/NAY:14/0 Action: Favorable refer to committee Ways and Means
AbbateAyeMalliotakisAye
AubryAyeJohnsAye
ColtonAyePalumboAye
CusickAyeDeStefanoAye
ZebrowskiAye
DenDekkerAye
SantabarbaraAye
Pheffer AmatoAye
RyanAye
GriffinAye

WAYS AND MEANS Chair:Weinstein DATE:06/19/2019AYE/NAY:32/1 Action: Favorable refer to committee Rules
WeinsteinAyeBarclayAye
LentolAyeCrouchAye
SchimmingerAyeFitzpatrickNay
GanttExcusedHawleyAye
GlickAyeMalliotakisAye
NolanExcusedMontesanoAye
PretlowAyeRaAye
PerryAyeBlankenbushAye
ColtonAyePalmesanoAye
CookAyeNorrisAye
CahillAye
AubryAye
ThieleAye
CusickAye
OrtizAye
BenedettoAye
WeprinAye
RodriguezAye
RamosAye
BraunsteinAye
McDonaldAye
RozicAye
SimotasAye
DinowitzAye
MillerAye

RULES Chair:Gottfried DATE:06/20/2019AYE/NAY:27/0 Action: Favorable
HeastieExcusedKolbAye
GottfriedAyeCrouchAye
LentolAyeFinchAye
GanttExcusedBarclayAye
NolanAyeRaiaAye
WeinsteinAyeHawleyAye
OrtizAyeGiglioAye
PretlowAyeMalliotakisAye
CookAye
GlickAye
AubryAye
EnglebrightAye
DinowitzAye
ColtonAye
MagnarelliAye
PerryAye
PaulinExcused
TitusAye
Peoples-StokesExcused
BenedettoAye
LavineAye
LupardoAye
ZebrowskiAye

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A07434 Floor Votes:

There are no votes for this bill in this legislative session.
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A07434 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          7434
 
                               2019-2020 Regular Sessions
 
                   IN ASSEMBLY
 
                                       May 3, 2019
                                       ___________
 
        Introduced by M. of A. STEC, ASHBY, WOERNER -- read once and referred to
          the Committee on Governmental Employees
 
        AN  ACT  to  allow deputy sheriffs Matthew Ashton, Bradley Hamilton, and
          Joshua Whitney to join the optional twenty-five year retirement  plan,
          county of Washington

          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  the county of Washington, a participating employer in the New York state
     3  employees' retirement system, which  previously  elected  to  offer  the
     4  optional twenty-five year retirement plan, established pursuant to arti-
     5  cle 14-B of the retirement and social security law, is hereby authorized
     6  to  make participation in such plan available to Matthew Ashton, Bradley
     7  Hamilton, and Joshua Whitney, deputy sheriffs employed by the county  of
     8  Washington,  who,  for  reasons  not  ascribable to their own negligence
     9  failed to make a timely application  to  participate  in  such  optional
    10  twenty-five  year retirement plan. The county of Washington may so elect
    11  by filing with the state comptroller, on or before 180 days  after  this
    12  act shall have become a law, a resolution of its governing body together
    13  with certification that such deputy sheriffs did not bar themselves from
    14  participation in such retirement plan. Thereafter, such deputy sheriffs,
    15  may individually elect to be covered by the provisions of section 551 of
    16  the  retirement  and  social  security law, and shall be entitled to the
    17  full rights and benefits associated with coverage under such section, by
    18  filing a request to that effect with the state comptroller on or  before
    19  one year after this act shall have become a law.
    20    §   2.  All  past  service  costs  associated  with  implementing  the
    21  provisions of this act shall be borne by the county  of  Washington  and
    22  may be amortized over a period of five years.
    23    § 3. This act shall take effect immediately.
          FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04995-03-9

        A. 7434                             2
 
          This  bill  will allow the county of Washington to elect to reopen the
        provisions of Section 551 of the Retirement and Social Security Law  for
        deputy sheriffs Matthew Ashton, Bradley Hamilton and Joshua Whitney.
          If  this bill is enacted during the 2019 legislative session and these
        three deputy sheriffs become covered under  the  provisions  of  Section
        551,  we  anticipate  that  there  will  be an increase of approximately
        $9,700 in the annual contributions of Washington County for  the  fiscal
        year  ending March 31, 2020. In future years, this cost will vary as the
        billing rates and salaries of these deputy sheriffs change.
          In addition to the annual contributions discussed above, there will be
        an immediate past service cost of $83,800 which will be borne  by  Wash-
        ington  County  as  a  one-time  payment.  This estimate is based on the
        assumption that payment will be made on February 1, 2020. If  Washington
        County  elects  to amortize this cost over a 5 year period, the cost for
        the first year including interest would be $19,100.
          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, 2018 actuarial valu-
        ation.  Distributions and other statistics can  be  found  in  the  2018
        Report  of  the  Actuary  and  the  2018  Comprehensive Annual Financial
        Report.
          The actuarial assumptions and methods used are described in the  2015,
        2016,  2017  and  2018  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, 2018
        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 March 28, 2019, and intended for use only  during
        the  2019  Legislative  Session, is Fiscal Note No. 2019-96, prepared by
        the Actuary for the New York State and Local Retirement System.
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