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A06619 Summary:

BILL NOA06619A
 
SAME ASSAME AS S04285-A
 
SPONSORNorris
 
COSPNSRSimpson
 
MLTSPNSR
 
 
Deems Lawrence Lakeman to have died as a natural and proximate result of his participation in the World Trade Center rescue, recovery or cleanup operations; grants his beneficiary Audra Lakeman the ability to convert such retiree's state police disability retirement benefit to an accidental death benefit.
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A06619 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         6619--A
 
                               2021-2022 Regular Sessions
 
                   IN ASSEMBLY
 
                                     March 23, 2021
                                       ___________
 
        Introduced  by M. of A. NORRIS, SIMPSON -- read once and referred to the
          Committee on Governmental Employees -- 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 committee

        AN ACT deeming Lawrence Lakeman to have died as a natural and  proximate
          result of his participation in the World Trade Center rescue, recovery
          or cleanup operations
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Notwithstanding any other provisions of law, rule or  regu-
     2  lation to the contrary, Lawrence Lakeman, who was previously employed by
     3  the  New York state police as a trooper and was a member of the New York
     4  state and local police and fire retirement system,  who  was  granted  a
     5  state  police disability retirement benefit on April 24, 2007 due to the
     6  incapacitation he sustained as a result  of  his  participation  in  the
     7  World  Trade  Center  rescue,  recovery  or cleanup operations, shall be
     8  deemed to have died as a natural and proximate result of such  incapaci-
     9  tation,  and  as such, his beneficiary, Audra Lakeman, shall be eligible
    10  to request and such request shall not be time barred, the conversion  of
    11  such  retiree's  state  police disability retirement benefit to an acci-
    12  dental death benefit, if such request to that effect is filed  with  the
    13  state comptroller within one year from the effective date of this act.
    14    §  2.  All  costs  of implementing the provisions of this act shall be
    15  borne by the state of New York and all participating  employers  in  the
    16  New York state and local police and fire retirement system.
    17    § 3. This act shall take effect immediately.
          FISCAL NOTE. -- Pursuant to Legislative Law, Section 50:
          This  bill  would  provide  Audra Lakeman, the beneficiary of deceased
        police officer Lawrence Lakeman's performance of duty  disability  bene-
        fit, the option to resubmit the Application for Conversion of Service or
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03934-05-2

        A. 6619--A                          2
 
        Disability  Retirement  to  Accidental  Death Benefit for Victims of the
        2001 World Trade Center Disaster, and that such application  be  consid-
        ered by the New York State and Local Retirement System without regard to
        the  requirement  that such application be filed within two years of the
        retiree's date of death as provided in Section 361 of the Retirement and
        Social Security Law.
          If this bill is enacted during the  2022  legislative  session,  there
        will  be  an  immediate past service cost of approximately $4.37 million
        which will be shared by the State of  New  York  and  the  participating
        employers  of  the  New  York State and Local Police and Fire Retirement
        System. This estimate is based on the assumption that  payment  will  be
        made on March 1, 2023.
          Summary of relevant resources:
          Membership  data as of March 31, 2021 was used in measuring the impact
        of the proposed change, the same data used in the April 1, 2021 actuari-
        al valuation. Distributions and other statistics can  be  found  in  the
        2021  Report  of the Actuary and the 2021 Comprehensive Annual Financial
        Report.
          The actuarial assumptions and methods used are described in  the  2020
        and  2021 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, 2021
        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 February 10, 2022,  and  intended  for  use  only
        during  the  2022  Legislative  Session,  is  Fiscal  Note  No. 2022-78,
        prepared by the Actuary for the New  York  State  and  Local  Retirement
        System.
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