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NY S05994

Bill

Status

Passed

7/22/2014

Primary Sponsor

George Latimer

Click for details

Origin

Senate

2013-2014 General Assembly

AI Summary

  • 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.

  • 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.

  • 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.

  • 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.

  • 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

Committee Referrals

Ways and Means6/2/2014
Local Government1/8/2014
Rules11/22/2013

Full Bill Text

No bill text available