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NY A10492

Bill

Official Source

Status

Vetoed

12/7/2018

Primary Sponsor

Daniel Stec

Click for details

Origin

Assembly

2017-2018 General Assembly

AI Summary

  • Allows Jaime Laczko, a forest ranger employed by the Department of Environmental Conservation, to retroactively elect the optional 25-year retirement plan under Section 383-c of the Retirement and Social Security Law
  • Laczko must file an application with the state comptroller within 1 year of the act's effective date to participate in the plan
  • The State of New York shall bear all costs associated with implementing this provision, including a one-time past service cost of $102,000 and approximately $3,900 in annual contributions for fiscal year 2019
  • Laczko bears no costs for the implementation of this act
  • The act takes effect immediately upon enactment

Legislative Description

Authorizes Jaime Laczko to elect to participate in the optional 25 year retirement plan for forest rangers.

Last Action

tabled

12/7/2018

Committee Referrals

Rules6/19/2018
Rules6/14/2018
Ways and Means5/15/2018
Governmental Employees4/30/2018

Full Bill Text

No bill text available