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NY S08657

Bill

Status

Engrossed

7/22/2020

Primary Sponsor

Monica Martinez

Click for details

Origin

Senate

2019-2020 General Assembly

AI Summary

  • Grants Michael Posillico retroactive membership in the New York State and Local Employees' Retirement System with an effective date of May 6, 2002, for his employment as a park attendant/dockworker with the town of Brookhaven.

  • Requires Posillico to file a written request with the state comptroller within one year of the act's effective date to claim the retroactive membership and receive Tier IV status.

  • Establishes that the state of New York shall bear all past service costs associated with implementing this provision, estimated at approximately $45,800 as a one-time payment.

  • Projects annual contribution increases of approximately $4,200 for Suffolk County for the fiscal year ending March 31, 2021, with future costs varying based on billing rates and Posillico's salary.

  • Takes effect immediately upon enactment.

Legislative Description

Relates to granting retroactive membership in the retirement system to Michael Posillico for service as a park attendant in the town of Brookhaven.

Last Action

referred to governmental employees

7/22/2020

Committee Referrals

Governmental Employees7/22/2020
Rules7/21/2020
Finance7/20/2020
Civil Service and Pensions7/18/2020
Rules7/1/2020

Full Bill Text

No bill text available