STATE OF NEW YORK
________________________________________________________________________
5056
2017-2018 Regular Sessions
IN SENATE
March 6, 2017
___________
Introduced by Sen. KENNEDY -- read twice and ordered printed, and when
printed to be committed to the Committee on Civil Service and Pensions
AN ACT in relation to granting Jo Ann H. Mattingly Tier II status in the
New York state and local employees' retirement system with a member-
ship date of January 24, 1975
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Notwithstanding any other law to the contrary, Jo Ann H.
2 Mattingly, who is a Tier IV member of the New York state and local
3 employees' retirement system and was employed by the Office of Court
4 Administration of the Fourth Department until her retirement on April
5 30, 2015, and who was appointed to a temporary, competitive civil
6 service position from January 24, 1975 through December 31, 1977, and
7 who, for reasons not ascribable to her own negligence, failed to become
8 a member of the New York state and local employees' retirement system in
9 1975 when first appointed to the temporary, competitive civil service
10 position, shall be deemed to have been a member of such retirement
11 system on the date she first commenced such employment on January 24,
12 1975 having Tier II status with every right, benefit and privilege which
13 would have been available to her on such date.
14 § 2. All past service costs of implementing the provisions of this act
15 shall be borne by the state of New York.
16 § 3. This act shall take effect immediately.
FISCAL NOTE.--Pursuant to Legislative law, Section 50:
This bill will grant Tier 2 status in the New York State and Local
Employees' Retirement System to Jo Ann Mattingly, a retired Tier 4
member, by changing her date of membership to January 24, 1975, her
first date of appointment to a temporary competitive civil service posi-
tion. There will be no refund of member contributions.
If this legislation is enacted during the 2017 legislative session,
there will be an immediate past service cost of approximately $21,900
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD00949-04-7
S. 5056 2
which will be borne by the State of New York as a one-time payment. This
estimate is based on the assumption that payment will be made on March
1, 2018.
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, 2016 actuarial valu-
ation. Distributions and other statistics can be found in the 2016
Report of the Actuary and the 2016 Comprehensive Annual Financial
Report.
The actuarial assumptions and methods used are described in the 2015
and 2016 Annual Report to the Comptroller on Actuarial Assumptions, and
the Code Rules and Regulations of the State of New York: Audit and
Control.
The Market Assets and GASB Disclosures are found in the March 31, 2016
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 February 28, 2017, and intended for use only
during the 2017 Legislative Session, is Fiscal Note No. 2017-63,
prepared by the Actuary for the New York State and Local Retirement
System.