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NY S08008
Bill
Status
9/29/2016
Primary Sponsor
Thomas O'Mara
Click for details
AI Summary
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Grants retroactive Tier IV membership status in the New York state and local employees' retirement system to Ryan L. Dickerson, effective September 24, 2009, when he was first appointed to the Village of South Corning
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Requires Dickerson to file an application with the state comptroller on or before December 31, 2016 to receive the retroactive membership status
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Dickerson becomes eligible for all rights and benefits of Tier IV membership, with no refund of contributions he has already made to the system
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Village of South Corning must bear all past service costs associated with the membership change, estimated at approximately $9,810 as a one-time payment plus increased annual contributions of approximately $1,290 for fiscal year 2017
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Takes effect immediately upon enactment
Legislative Description
Relates to granting retroactive tier IV membership in the NYS and local employees' retirement system to Ryan L. Dickerson.
Last Action
SIGNED CHAP.386
9/29/2016