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NY S06781

Bill

Status

Introduced

3/21/2012

Primary Sponsor

John Bonacic

Click for details

Origin

Senate

2011-2012 General Assembly

AI Summary

  • Authorizes the Village of Ellenville to extend the optional twenty year retirement plan under Section 384-d of the Retirement and Social Security Law to six named police officers: Michael Jeter, LaMark Logan, Daniel Persell, Christopher Rosa, Robert Ross, and Vanessa Nixon-Tomlin, who missed the original enrollment deadline through no fault of their own.

  • Requires the Village of Ellenville to file a resolution with the state comptroller by December 31, 2012, certifying that these officers did not fail to apply due to their own negligence.

  • Allows the six police officers to elect coverage under the twenty year retirement plan by filing a request with the state comptroller by June 30, 2013, and entitles them to all associated rights and benefits.

  • The Village of Ellenville must bear all past service costs associated with the plan, estimated at approximately $100,000, which may be amortized over ten years with first year costs of approximately $13,500.

  • Takes effect immediately upon enactment.

Legislative Description

Authorizes the village of Ellenville to offer an optional twenty year retirement plan to certain police officers.

Last Action

SUBSTITUTED BY A9588

6/21/2012

Committee Referrals

Civil Service and Pensions3/21/2012

Full Bill Text

No bill text available