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NY S07635

Bill

Status

Passed

8/7/2014

Primary Sponsor

John DeFrancisco

Click for details

Origin

Senate

2013-2014 General Assembly

AI Summary

  • John J. Ginestro, III is granted retroactive Tier V membership in the New York state and local employees' retirement system effective March 29, 2012 (his employment date with Onondaga County as an electrician), rather than April 2, 2012 when his application was actually processed due to administrative error

  • Ginestro must file an application with the state comptroller on or before December 31, 2014 to receive this retroactive membership status and all associated rights and benefits

  • No contributions made by Ginestro to the retirement system will be refunded to him

  • Onondaga County must pay all past service costs, estimated at approximately $9,880 as a one-time payment, and approximately $4,350 in increased annual contributions for fiscal year 2015, with future costs varying based on billing rates and salary changes

  • The act takes effect immediately upon enactment

Legislative Description

Grants retroactive tier V membership in the New York state and local employees' retirement system to John Ginestro.

Last Action

SIGNED CHAP.239

8/7/2014

Committee Referrals

Rules6/16/2014
Civil Service and Pensions5/21/2014

Full Bill Text

No bill text available