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NY A09898
Bill
Status
5/27/2014
Primary Sponsor
Christopher Friend
Click for details
AI Summary
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Amends the Local Finance Law to add a new subdivision allowing the City of Elmira in Chemung County to pay past service costs to the New York State and Local Police and Fire Retirement System
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Establishes a ten-year period of probable usefulness for payments related to additional pension benefits under Sections 375-I and 375-J of the Retirement and Social Security Law
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Applies to eligible firefighters employed by the City of Elmira
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Takes effect immediately upon enactment
Legislative Description
Provides for a period of probable usefulness for the payment of the past service cost by the city of Elmira to provide additional pension benefits to eligible firefighters employed by such city.
Last Action
substituted by s7675
6/19/2014