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NY A09222

Bill

Status

Passed

7/18/2012

Primary Sponsor

Teresa Sayward

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Authorizes the town of Inlet in Hamilton County to extend eligibility for the optional 20-year retirement plan under NY Retirement and Social Security Law Section 384-d to Sergeant John Harrington, who missed the application deadline through no fault of his own.

  • Requires the town to file a resolution with the state comptroller by December 31, 2013, certifying that Harrington's failure to apply timely was not due to his own negligence.

  • Allows Harrington to elect coverage under the 20-year plan by filing a request with the state comptroller on or before June 30, 2014, with full rights and benefits under Section 384-d.

  • Town of Inlet bears all costs, including an estimated one-time past service cost of approximately $40,400 and increased annual contributions of approximately $3,600 for fiscal year ending March 31, 2013.

  • Effective immediately upon enactment.

Legislative Description

Authorizes the town of Inlet to offer a 20 year retirement plan to police officer John Harrington.

Last Action

signed chap.132

7/18/2012

Committee Referrals

Rules6/14/2012
Rules6/11/2012
Ways and Means6/5/2012
Governmental Employees2/7/2012

Full Bill Text

No bill text available