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NY S06545
Bill
Status
7/21/2016
Primary Sponsor
Elizabeth Little
Click for details
AI Summary
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Authorizes the city of Glens Falls to allow firefighter Micki Guy to participate in the optional twenty-year retirement plan under section 384-d of the Retirement and Social Security Law, despite her failure to timely apply.
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Micki Guy must file a request with the state comptroller on or before December 31, 2016 to elect coverage under section 384-e of the Retirement and Social Security Law.
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The city of Glens Falls bears all past service costs associated with the plan participation and may amortize these costs over ten years.
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Increases the city of Glens Falls' annual retirement contributions by approximately $2,070 for the fiscal year if enacted.
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Takes effect immediately upon enactment.
Legislative Description
Authorizes Micki Guy, a firefighter in the city of Glens Falls, in the county of Warren, to elect to participate in the optional 20 year retirement program.
Last Action
SIGNED CHAP.181
7/21/2016