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NY S07427
Bill
Status
6/23/2010
Primary Sponsor
Brian Foley
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AI Summary
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Authorizes Peter J. Smith, a retired Suffolk County police officer in the New York state and local police and fire retirement system, to have his retirement allowance recalculated under section 375-g of the retirement and social security law
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Deems Smith's withdrawal form from section 384-d to have been timely filed, removing age restrictions that would otherwise apply to his retirement benefits
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Recalculation and payment shall be effective retroactively from the date of Smith's original retirement application
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All implementation costs, estimated at approximately $143,000 in past service costs, shall be borne by the New York state and local police and fire retirement system and participating employers
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Act takes effect immediately upon enactment
Legislative Description
Authorizes Peter J. Smith, a retiree receiving benefits from the New York state and local police and fire retirement system, to have his retirement allowance recalculated and payable under section 375-g of the retirement and social security law and his withdrawal accepted from section 384-d and 384-e of the retirement and social security law.
Last Action
referred to governmental employees
6/23/2010