Loading chat...
NY S06781
Bill
Status
3/21/2012
Primary Sponsor
John Bonacic
Click for details
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