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NY S08217

Bill

Status

Passed

11/11/2020

Primary Sponsor

James Seward

Click for details

Origin

Senate

2019-2020 General Assembly

AI Summary

  • Authorizes the City of Cortland to allow firefighter Travis Marshall to participate in the optional twenty-year retirement plan under Section 384-d of the Retirement and Social Security Law, despite missing the original application deadline through no fault of his own.

  • Requires the City of Cortland to file a resolution with the state comptroller within 12 months of the act's effective date, certifying that Marshall's failure to apply was not due to his own negligence.

  • Allows Marshall to elect coverage under the plan by filing a request with the state comptroller within 6 months of the city's filing, entitling him to full rights and benefits associated with the plan.

  • Requires the City of Cortland to bear all past costs of implementing the provision, which may be amortized over a ten-year period; estimated at $13,600 in past service cost and approximately $2,600 in additional annual contributions for fiscal year 2021.

  • Takes effect immediately upon enactment.

Legislative Description

Authorizes the city of Cortland to offer an optional twenty year retirement plan to firefighter Travis Marshall, who, for reasons not ascribable to his own negligence, failed to make a timely application to participate in such plan previously established by the retirement and social security law.

Last Action

signed chap.264

11/11/2020

Committee Referrals

Rules7/22/2020
Rules7/17/2020
Ways and Means7/16/2020
Governmental Employees4/22/2020
Rules7/21/2020
Finance7/20/2020
Civil Service and Pensions4/22/2020

Full Bill Text

No bill text available