New York A 7521: Relates to providing water utilities with access to water quality infrastructure improvement funding

Bill Text

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A07521 Summary:

BILL NOA07521 

&nbsp

SAME ASSAME AS S07118

&nbsp

SPONSORCarroll P

&nbsp

COSPNSR

&nbsp

MLTSPNSR

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&nbsp

Grants retroactive tier IV membership in the New York state and local employees' retirement system to Raymond Ruckel.

Go to top A07521 Actions:

BILL NOA07521 

&nbsp

04/01/2025referred to governmental employees

01/07/2026referred to governmental employees

Go to topA07521 Committee&nbspVotes:

Go to topA07521 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA07521 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7521

 2025-2026 Regular Sessions

 IN ASSEMBLY

 April 1, 2025
 ___________

 Introduced by M. of A. P. CARROLL -- read once and referred to the
 Committee on Governmental Employees

 AN ACT granting retroactive tier IV membership in the New York state and
 local employees' retirement system to Raymond Ruckel

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Notwithstanding any other provision of law to the contrary,
 2 Raymond Ruckel, a tier VI member of the New York state and local employ-
 3 ees' retirement system employed by the Rockland county sheriff's office
 4 correction division and who was employed as a full-time employee with
 5 Clarkstown Central School District from August 1, 1990 through December
 6 1, 1990 and who, through no fault of his own, did not become a member of
 7 the New York state and local employees' retirement system on August 1,
 8 1990 when he became eligible for membership in such system, shall be
 9 deemed to have a date of membership with the New York state and local
 10 employees' retirement system of August 1, 1990 if he shall file an
 11 application therefore with the state comptroller within one year of the
 12 effective date of this act. Upon the receipt of such application,
 13 Raymond Ruckel shall be granted tier IV status in the New York state and
 14 local employees' retirement system and shall be eligible for all the
 15 rights and benefits thereof.
 16 § 2. All past service costs of implementing the provisions of this act
 17 shall be borne by Clarkstown Central School District, and there shall be
 18 no refund of member contributions to Raymond Ruckel.
 19 § 3. This act shall take effect immediately.
 FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
 This bill would grant Tier 4 status in the New York State and Local
 Employees' Retirement System to Raymond Ruckel, a current Tier 6 member
 employed by Rockland County, by changing their date of membership to
 August 1, 1990, their first date of employment with the Clarkstown

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD03470-02-5

 A. 7521 2

 Central School District. There will be no refund of member contrib-
 utions.
 If this bill is enacted during the 2025 Legislative Session, we antic-
 ipate that there will be an increase of approximately $8,000 in the
 annual contributions of Rockland County for the fiscal year ending March
 31, 2026. In future years this cost will vary as the billing rates and
 salary of Raymond Ruckel change.
 In addition to the annual contributions discussed above, there will be
 an immediate past service cost of approximately $65,100 which will be
 borne by Clarkstown Central School District as a one-time payment. This
 estimate assumes that payment will be made on February 1, 2026.
 Summary of relevant resources:
 Membership data as of March 31, 2024 was used in measuring the impact
 of the proposed change, the same data used in the April 1, 2024 actuari-
 al valuation. Distributions and other statistics can be found in the
 2024 Report of the Actuary and the 2024 Annual Comprehensive Financial
 Report. The actuarial assumptions and methods used are described in the
 2024 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, 2024 New York State and Local Retirement System Financial Statements
 and Supplementary Information.
 This fiscal note does not constitute a legal opinion on the viability
 of the proposed change n