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NY S07616
Bill
Status
Passed
7/22/2014
Primary Sponsor
William Larkin
Click for details
AI Summary
- Authorizes the town of Stony Point in Rockland County to allow police officers Dennis Tobin, Thomas Clarke, and Christopher Schulok to participate in the optional twenty-year retirement plan under Section 384-d of the Retirement and Social Security Law
- Permits late enrollment for the three officers who failed to apply timely due to reasons not attributable to their own negligence
- Requires the town to file a resolution with the state comptroller by December 31, 2014, and affected officers must submit participation requests by June 30, 2015
- All past service costs must be borne by the town of Stony Point, with estimated one-time costs of approximately $14,300 and increased annual contributions of approximately $14,700 for fiscal year ending March 31, 2015
- Takes effect immediately upon enactment
Legislative Description
Authorizes the town of Stony Point, in the county of Rockland, to offer police officers Dennis Tobin, Thomas Clarke and Christopher Schulok an optional 20 year retirement plan.
Last Action
SIGNED CHAP.175
7/22/2014
Committee Referrals
Rules6/11/2014
Civil Service and Pensions5/16/2014
Full Bill Text
No bill text available