Authorizes retired firefighters to be employed as fire science instructors by career and technical education centers without a reduction of their retirement benefits.
STATE OF NEW YORK
________________________________________________________________________
4438--A
Cal. No. 861
2021-2022 Regular Sessions
IN SENATE
February 4, 2021
___________
Introduced by Sens. SKOUFIS, HELMING, JACKSON, MARTUCCI, RITCHIE -- read
twice and ordered printed, and when printed to be committed to the
Committee on Civil Service and Pensions -- recommitted to the Commit-
tee on Civil Service and Pensions in accordance with Senate Rule 6,
sec. 8 -- reported favorably from said committee and committed to the
Committee on Finance -- 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 amend the retirement and social security law, in relation to
authorizing retired firefighters to be employed as instructors of fire
sciences by a career and technical education center without diminution
of his or her retirement benefits
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The retirement and social security law is amended by adding
2 a new section 214-c to read as follows:
3 § 214-c. Employment of certain retired persons who retired from fire
4 service. Notwithstanding the provisions of this chapter or the
5 provisions of any state or local law or charter to the contrary, no
6 retired person who retired from fire service as a member of the New York
7 state and local police and fire retirement system or the New York fire
8 department pension fund, and who is employed by a career and technical
9 education center as an instructor in a fire science program approved by
10 the education department, shall have his or her retirement allowance or
11 benefits suspended or reduced because of compensation earned by such
12 retired person from service as a fire science instructor.
13 § 2. This act shall take effect immediately.
FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
This bill would allow retirees from the New York State and Local
Police and Fire Retirement System or the New York City Fire Department
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD03624-03-2
S. 4438--A 2
Pension Fund retired from fire service to work as a fire science
instructor in a program approved by the New York State Department of
Education and to continue to receive their retirement benefit.
If this bill is enacted, insofar as it will affect the New York State
and Local Police and Fire Retirement System, we expect few retirees to
be affected. Any additional annual costs will therefore be negligible.
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 May 11, 2022, and intended for use only during
the 2022 Legislative Session, is Fiscal Note No. 2022-128, prepared by
the Actuary for the New York State and Local Retirement System.