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NY S06394
Bill
Status
2/3/2012
Primary Sponsor
Elizabeth Little
Click for details
AI Summary
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Authorizes the town of Inlet in Hamilton County to allow sergeant John Harrington, a police officer, to participate in the optional twenty year retirement plan under section 384-d of the Retirement and Social Security Law, despite missing the original enrollment deadline due to circumstances beyond his control.
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Town of Inlet must file a resolution with the state comptroller by December 31, 2013, certifying that Harrington's failure to enroll was not due to his own negligence.
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Harrington may elect coverage under section 384-d by filing a request with the state comptroller on or before June 30, 2014, and becomes entitled to full rights and benefits under that plan.
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Town of Inlet bears all costs associated with implementing the act, including an estimated one-time past service cost of approximately $40,400 and an increase of approximately $3,600 in annual contributions for the fiscal year ending March 31, 2013.
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Act takes effect immediately upon enactment.
Legislative Description
Authorizes the town of Inlet to offer a 20 year retirement plan to police officer John Harrington.
Last Action
SUBSTITUTED BY A9222
6/21/2012