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NY A08300

Bill

Status

Passed

11/27/2020

Primary Sponsor

Kenneth Zebrowski

Click for details

Origin

Assembly

2019-2020 General Assembly

AI Summary

  • Authorizes the town of Clarkstown to make the optional retirement plan under section 384-d of the Retirement and Social Security Law available to four named police officers: Edward Fairclough, Kyle McKiernan, Corry Doyle, and Sean Weaver.

  • Allows these officers to elect coverage under section 384-d by filing a request with the state comptroller within one year of the act's effective date, despite previously missing the deadline for reasons not attributable to their own negligence.

  • Requires the town of Clarkstown to bear all past service costs associated with the retirement option change.

  • Imposes an estimated one-time past service cost of $106,000 (due February 1, 2021) and an estimated annual contribution increase of approximately $24,000 for fiscal year 2021 on the town of Clarkstown.

Legislative Description

Authorizes the town of Clarkstown to offer a certain retirement option to Clarkstown police officers Edward Fairclough, Kyle McKiernan, Corry Doyle, and Sean Weaver.

Last Action

signed chap.290

11/27/2020

Committee Referrals

Rules7/21/2020
Rules7/17/2020
Ways and Means7/16/2020
Governmental Employees6/13/2019

Full Bill Text

No bill text available