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NY S05994
Bill
Status
7/22/2014
Primary Sponsor
George Latimer
Click for details
AI Summary
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Authorizes the village of Tuckahoe to make the optional retirement plan under Section 384-d of the Retirement and Social Security Law available to police officer Christopher J. Santiago, who missed the original enrollment deadline through no fault of his own.
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Police officer Santiago must have been employed by the village on August 4, 2008 and currently covered under Section 375-i of the Retirement and Social Security Law to be eligible.
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Santiago may elect coverage under Section 384-d by filing a request with the state comptroller within one year of the act's effective date and will receive full rights and benefits associated with that coverage.
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The village of Tuckahoe must bear all past service costs, estimated at approximately $9,950 as a one-time payment, plus approximately $8,900 in increased annual contributions for fiscal year 2015.
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The act takes effect immediately upon enactment.
Legislative Description
Authorizes the village of Tuckahoe, in the county of Westchester, to offer a certain retirement option to police officer Christopher J. Santiago.
Last Action
SIGNED CHAP.143
7/22/2014