Bill Text: NY A07818 | 2017-2018 | General Assembly | Introduced

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Bill Title: Relates to granting certain members of the state police credit for service as a state university police officer.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2017-06-20 - substituted by s5948 [A07818 Detail]

Download: New_York-2017-A07818-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          7818
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                      May 16, 2017
                                       ___________
        Introduced by M. of A. CAHILL -- read once and referred to the Committee
          on Governmental Employees
        AN  ACT  to amend the retirement and social security law, in relation to
          granting certain members of the state police credit for service  as  a
          state university police officer
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Paragraph 2 of  subdivision  c  of  section  381-b  of  the
     2  retirement  and social security law, as added by chapter 581 of the laws
     3  of 2001, is amended to read as follows:
     4    (2) State university police officer service. Upon completion  of  more
     5  than  twenty years of service, and upon retirement, each such member who
     6  was previously credited with service credit in the New  York  state  and
     7  local  employees'  retirement  system  or  the  New York state and local
     8  police and fire retirement system as an officer appointed by  the  state
     9  university  pursuant  to paragraph l of subdivision two of section three
    10  hundred fifty-five  of  the  education  law  and  who  has  successfully
    11  completed  a  course  of  law  enforcement  training as provided in such
    12  section of the education law or for any such officer who retires on  and
    13  after   January  first,  two  thousand  eighteen  who  has  successfully
    14  completed such course of law enforcement training within  two  years  of
    15  his  or  her  date  of  appointment  shall receive for each such year of
    16  previous service, up to a total of no greater than five years of  previ-
    17  ous  service,  additional service credit equal to one-sixtieth of his or
    18  her final average salary.
    19    § 2. This act shall take effect immediately.
          FISCAL NOTE.-- Pursuant to Legislative Law, Section 50:
          This bill would allow  up  to  five  (5)  years  of  previous  service
        rendered  as a police officer appointed by SUNY, pursuant to Section 355
        of the Education Law, to be creditable service under  Section  381-b  of
        the Retirement and Social Security Law for certain members who retire on
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10817-02-7
        A. 7818                             2
        or  after January 1, 2018, if such police officer had completed a course
        of law enforcement training within two years  of  his  or  her  date  of
        appointment.  Currently such course must be completed within one year of
        his or her date of appointment. Upon completion of more than twenty (20)
        years  of  service and upon retirement, an affected member would receive
        one-sixtieth of final average salary for each such year of state univer-
        sity police officer service.
          In addition this bill makes a technical amendment to reflect that most
        current State University police officers are members  of  the  New  York
        State  and local police and fire retirement system due to Chapter 561 of
        the laws of 2015.
          If this legislation is enacted during the 2017 legislative session, we
        anticipate that there will be no additional costs.
          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, 2016 actuarial valu-
        ation.  Distributions and other statistics can  be  found  in  the  2016
        Report  of  the  Actuary  and  the  2016  Comprehensive Annual Financial
        Report.
          The actuarial assumptions and methods used are described in  the  2015
        and  2016 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, 2016
        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 March 28, 2017, and intended for use only  during
        the  2017  Legislative  Session, is Fiscal Note No. 2017-77, prepared by
        the Actuary for the New York State and Local Retirement System.