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NY S07754

Bill

Status

Introduced

5/12/2016

Primary Sponsor

John Bonacic

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Authorizes Sullivan County to allow deputy sheriff Jack Harb to join the optional twenty-five year retirement plan under Section 551 of the Retirement and Social Security Law, despite missing the original enrollment deadline through no fault of his own.

  • Requires Sullivan County to file a resolution with the state comptroller within one year of the act becoming law, certifying that Harb did not voluntarily bar himself from participation.

  • Requires Harb to file an election request with the state comptroller within one year of the act becoming law to be covered under the twenty-five year retirement plan.

  • Sullivan County must bear all past service costs, which may be amortized over a five-year period; estimated immediate past service cost is approximately $2,410 with annual contribution increases of approximately $1,980 starting fiscal year 2017.

  • Act takes effect immediately upon enactment.

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

SUBSTITUTED BY A10155

6/15/2016

Committee Referrals

Rules6/15/2016
Civil Service and Pensions5/12/2016

Full Bill Text

No bill text available