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GAGLIARDO v DINKINS Click to find out why . . .



Keywords & Phrases
CourtCode: AP, CourtName: NEW YORK COURT OF APPEALS, Plaintiff: GAGLIARDO, State: NEW YORK, UniqueCaseRef: NE>AP>089_0062, Vsf, Fund, City, Police, York, Housing Police, Retirees, Transit Police, Officers, Pension Fund, Ranieri, Statutory, Supplements, Gagliardo, Investment Earnings, Legislation, Nycers Pension, Administrative Code, Excess Investment Earnings, Appellants, David Dinkins, Statutory Scheme, Variable Supplements, Superior Officers, Retirement Benefits, York State, Ny2d, State Constitution, Disability , ContentID: 120251081

Case Documents
1 1996-10-22 OPINION
[ see first page and extracted highlights below  ] ItemID: 124990
10 pages
HTML
Total Documents: 1 document , 10 pages
Price: $ 19.95


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1 . OPINION

EXTRACTED KEY WORDS
FUND
CITY
POLICE
YORK
PLAINTIFFS
HOUSING POLICE
RETIREES
TRANSIT POLICE
OFFICERS
PENSION FUND
RANIERI
STATUTORY
SUPPLEMENTS
GAGLIARDO
INVESTMENT EARNINGS
LEGISLATION
NYCERS PENSION
ADMINISTRATIVE CODE
EXCESS INVESTMENT EARNINGS
APPELLANTS
DAVID DINKINS
STATUTORY SCHEME
VARIABLE SUPPLEMENTS
SUPERIOR OFFICERS
RETIREMENT BENEFITS
YORK STATE
NY2D
STATE CONSTITUTION
DISABILITY


  JOSEPH A. GAGLIARDO, ET AL., APPELLANTS v. DAVID DINKINS , ET AL.,
  RESPONDENTS.

  EDWARD RANIERI, ET AL., APPELLANTS v. DAVID DINKINS, ET AL., RESPONDESNTS

    89 N.Y.2d 62, 674 N.E.2d 298, 651 N.Y.S.2d 368 (1996).
    October 22, 1996

   1 No. 210 (1996 NY Int.201)
   Decided October 22, 1996
     _________________________________________________________________

   This opinion is uncorrected and subject to revision before publication
   in the New York Reports.

    Kevin P. Fitzpatrick, for Appellants Ranieri, et al.
   Rodney C. Ward, III, for Appellants Gagliardo, et al.
   James J. Dwyer, for Respondents.

   ---------------------------------

   LEVINE, J.:

   These cases involve challenges to the statutory scheme that created
   variable supplements funds (VSFs) to provide additional financial
   benefits to certain retirees of the New York City Housing Police and
   the New York City Transit Police, based on attainment of a statutorily
   defined period of service.1 Plaintiffs in Gagliardo v Dinkins are
   retired New York City Housing Police Officers or Housing Police
   Superior Officers who receive New York City Employment Retirement
   System ("NYCERS") pension benefits but are statutorily ineligible for
   Housing Police VSF benefits. Similarly, in Ranieri v Dinkins,
   plaintiffs are retired New York City Transit Police Officers or
   Transit Police Superior Officers who receive NYCERS pension benefits
   and who are ineligible for Transit Police VSF benefits.

   In major part, the challenges to the Housing and Transit Police VSFs
   replicate and require us to revisit a similar challenge to the VSFs
   earlier created for New York City Police Department retirees in Poggi
   v City of New York (109 AD2d 265, affd 67 NY2d 794). First created in
   1970 as a result of collective bargaining negotiations between the
   City of New York and union representatives for the City's police
   officers, the VSF implementing legislation authorized the trustees of
   the Police Pension Fund, in their discretion, to invest assets of the
   pension fund in common stock rather than exclusively in high- grade
   fixed income debt securities (L 1970, ch 876, § 4 (amending former
SNIPPETS:
  • EDWARD RANIERI, ET AL., APPELLANTS v. DAVID DINKINS, ET AL., RESPONDESNTS
  • Kevin P. Fitzpatrick, for Appellants Ranieri, et al. Rodney C. Ward, III, for Appellants
  • These cases involve challenges to the statutory scheme that created variable supplements
  • Similarly, in Ranieri v Dinkins, plaintiffs are retired New York City Transit Police Officers
  • In major part, the challenges to the Housing and Transit Police VSFs replicate and require us
  • First created in 1970 as a result of collective bargaining negotiations between the City of
  • Thus, by legislative design, the New York City Police VSFs were created and funded from the
  • Those excess earnings were then transferred to the Police VSFs, subject to offsets from
  • Thus, to the extent that the challenges here are based on the contention that the transfers
  • The Appellate Division held that their objection was invalid because none of the pre-existing
  • 11 Hence, the subsequent transfer of surplus earnings had no impairment effect whatsoever on
  • The term "qualified individual with a disability" is defined as an individual with a
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