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NY A10155
Bill
Status
7/21/2016
Primary Sponsor
Aileen Gunther
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AI Summary
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Authorizes Sullivan County to allow Jack Harb, a deputy sheriff, to join the optional twenty-five year retirement plan under Article 14-B of the Retirement and Social Security Law, despite missing the original enrollment deadline through no fault of his own.
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Requires Sullivan County to file a resolution with the state comptroller within one year of enactment certifying that Harb did not bar himself from participation, and permits Harb to file a request for coverage within one year of enactment.
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Makes Harb eligible for all rights and benefits under Section 551 of the Retirement and Social Security Law upon election to participate.
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Sullivan County bears all past service costs associated with implementing this provision, with the option to amortize costs over a five-year period.
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Estimated costs include approximately $1,980 in annual contributions for fiscal year 2016-2017 and approximately $2,410 in one-time past service costs (or $550 annually if amortized over five years).
Legislative Description
Authorizes the reopening of the twenty-five year retirement benefit plan to Jack Harb of Sullivan County who failed to make a timely election thereof due to a clerical error on the part of the County.
Last Action
signed chap.145
7/21/2016