S07399 Summary:

BILL NOS07399A
 
SAME ASSAME AS A09580-A
 
SPONSORBROOKS
 
COSPNSRKAMINSKY
 
MLTSPNSR
 
 
Authorizes the village of Lynbrook to offer an optional twenty year retirement plan to Police Officer Ronald J. Fleury who is employed by such village.
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S07399 Actions:

BILL NOS07399A
 
01/12/2018REFERRED TO CIVIL SERVICE AND PENSIONS
04/16/20181ST REPORT CAL.746
04/17/20182ND REPORT CAL.
04/18/2018ADVANCED TO THIRD READING
04/23/2018AMENDED ON THIRD READING 7399A
05/16/2018HOME RULE REQUEST
05/16/2018PASSED SENATE
05/16/2018DELIVERED TO ASSEMBLY
05/16/2018referred to ways and means
06/11/2018substituted for a9580a
06/11/2018ordered to third reading rules cal.54
06/19/2018home rule request
06/19/2018passed assembly
06/19/2018returned to senate
12/12/2018DELIVERED TO GOVERNOR
12/21/2018SIGNED CHAP.437
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S07399 Committee Votes:

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S07399 Floor Votes:

DATE:06/19/2018Assembly Vote  YEA/NAY: 143/2
Yes
Abbate
Yes
Cook
Yes
Garbarino
Yes
Lupardo
Yes
Pellegrino
Yes
Stec
Yes
Abinanti
Yes
Crespo
Yes
Giglio
Yes
Magee
Yes
Peoples-Stokes
Yes
Steck
Yes
Arroyo
Yes
Crouch
Yes
Glick
Yes
Magnarelli
Yes
Perry
Yes
Stern
Yes
Ashby
Yes
Curran
Yes
Goodell
Yes
Malliotakis
Yes
Pheffer Amato
Yes
Stirpe
Yes
Aubry
Yes
Cusick
Yes
Gottfried
Yes
McDonald
Yes
Pichardo
Yes
Tague
Yes
Barclay
Yes
Cymbrowitz
Yes
Gunther
Yes
McDonough
Yes
Pretlow
Yes
Taylor
Yes
Barnwell
Yes
Davila
Yes
Hawley
Yes
Mikulin
Yes
Quart
Yes
Thiele
Yes
Barrett
Yes
De La Rosa
Yes
Hevesi
Yes
Miller B
Yes
Ra
Yes
Titone
No
Barron
Yes
DenDekker
Yes
Hikind
Yes
Miller MG
Yes
Raia
Yes
Titus
Yes
Benedetto
Yes
Dickens
Yes
Hooper
Yes
Miller ML
Yes
Ramos
Yes
Vanel
Yes
Bichotte
Yes
Dilan
Yes
Hunter
Yes
Montesano
Yes
Richardson
Yes
Walker
Yes
Blake
Yes
Dinowitz
Yes
Hyndman
Yes
Morelle
Yes
Rivera
Yes
Wallace
Yes
Blankenbush
Yes
DiPietro
Yes
Jaffee
Yes
Morinello
Yes
Rodriguez
Yes
Walsh
Yes
Bohen
Yes
D'Urso
Yes
Jean-Pierre
Yes
Mosley
Yes
Rosenthal D
Yes
Walter
Yes
Brabenec
Yes
Englebright
Yes
Jenne
Yes
Murray
Yes
Rosenthal L
Yes
Weinstein
Yes
Braunstein
Yes
Epstein
Yes
Johns
Yes
Niou
Yes
Rozic
Yes
Weprin
Yes
Brindisi
Yes
Errigo
Yes
Jones
Yes
Nolan
Yes
Ryan
Yes
Williams
Yes
Bronson
Yes
Espinal
Yes
Joyner
Yes
Norris
Yes
Santabarbara
Yes
Woerner
Yes
Buchwald
Yes
Fahy
Yes
Kim
Yes
Oaks
Yes
Schimminger
Yes
Wright
Yes
Butler
Yes
Fernandez
Yes
Kolb
Yes
O'Donnell
Yes
Seawright
Yes
Zebrowski
Yes
Byrne
Yes
Finch
Yes
Lalor
Yes
Ortiz
Yes
Simon
Yes
Mr. Speaker
Yes
Cahill
No
Fitzpatrick
Yes
Lavine
Yes
Otis
Yes
Simotas
Yes
Carroll
Yes
Friend
Yes
Lawrence
Yes
Palmesano
Yes
Skoufis
Yes
Castorina
Yes
Galef
Yes
Lentol
Yes
Palumbo
Yes
Smith
Yes
Colton
ER
Gantt
Yes
Lifton
Yes
Paulin
Yes
Solages

‡ Indicates voting via videoconference
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S07399 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         7399--A
            Cal. No. 746
 
                    IN SENATE
 
                                    January 12, 2018
                                       ___________
 
        Introduced  by Sens. BROOKS, KAMINSKY -- read twice and ordered printed,
          and when printed to be committed to the Committee on Civil Service and
          Pensions -- reported favorably from said committee, ordered  to  first
          and  second  report,  ordered  to a third reading, amended and ordered
          reprinted, retaining its place in the order of third reading

        AN ACT to authorize the village of Lynbrook to offer an optional  twenty
          year  retirement  plan  to  a  certain police officer employed by such
          village
 
          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  village  of  Lynbrook,  in  the  county  of Nassau, a participating
     3  employer in the New York state and  local  police  and  fire  retirement
     4  system,  which  previously  elected  to  offer  the optional twenty year
     5  retirement system, established pursuant to section 384-d of the  retire-
     6  ment  and  social  security  law,  to  police  officers employed by such
     7  village, is hereby authorized to make participation in such plan  avail-
     8  able  to  Ronald  J.  Fleury,  a  member of the New York state and local
     9  police and fire retirement system,  who  was  first  employed  with  the
    10  village  of  Lynbrook  police  department  on  April  28, 1994, and who,
    11  through no fault of his own, failed to  file  a  timely  application  to
    12  participate  in  such plan. Thereafter, Ronald J. Fleury may elect to be
    13  covered by the provisions of section 384-d of the retirement and  social
    14  security  law,  and  shall  be  entitled to the full rights and benefits
    15  associated with coverage under such section by filing a request to  that
    16  effect with the state comptroller on or before December 31, 2018.
    17    §  2. All employer past service costs associated with implementing the
    18  provisions of this act shall be borne by the village of Lynbrook and may
    19  be amortized over a ten year period.
    20    § 3. This act shall take effect immediately.
          FISCAL NOTE.-- Pursuant to Legislative Law, Section 50:
          This bill will allow the village of Lynbrook to elect  to  reopen  the
        provisions  of  Section  384-d of the Retirement and Social Security Law
        for police officer Ronald J. Fleury.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13664-09-8

        S. 7399--A                          2
 
          If this bill is enacted and Mr. Fleury elects to become covered  under
        the  provisions  of  Section  384-d, we anticipate that there will be an
        increase of approximately $6,400 in  the  annual  contributions  of  the
        village of Lynbrook for the fiscal year ending March 31, 2019. In future
        years, this cost will vary as the billing rates and salary of Mr. Fleury
        changes.
          In  addition to the annual contribution discussed above, there will be
        an immediate past service cost of approximately $118,000 which  will  be
        borne by the village of Lynbrook as a one-time payment. This estimate is
        based  on  the assumption that payment will be made on February 1, 2019.
        If the village of Lynbrook elects to amortize this cost over a  10  year
        period, the cost for the first year would be $15,800.
          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, 2017  actuarial  valu-
        ation.    Distributions  and  other  statistics can be found in the 2017
        Report of the  Actuary  and  the  2017  Comprehensive  Annual  Financial
        Report.
          The  actuarial assumptions and methods used are described in the 2015,
        2016 and 2017 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, 2017
        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 April 16, 2018, and intended for use only during
        the 2018 Legislative Session, is Fiscal Note No.  2018-84,  prepared  by
        the Actuary for the New York State and Local Retirement System.
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