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NY S07754
Bill
Status
5/12/2016
Primary Sponsor
John Bonacic
Click for details
AI Summary
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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.
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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.
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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.
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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.
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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