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NY A08328
Bill
Status
2/14/2022
Primary Sponsor
Steve Stern
Click for details
AI Summary
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Increases the maximum years of service credit for volunteer ambulance workers from 40 years to potentially 50 years in defined contribution and defined benefit service award programs.
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Allows governing boards of political subdivisions to extend service credit by up to an additional 10 years through adoption of resolutions receiving at least 60% affirmative vote.
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Extensions may be added in multiple increments or as a single action and require approval by mandatory referendum from eligible voters in the political subdivision.
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Applies immediately to all current and future participants in the service award programs.
Legislative Description
Authorizes a municipality to increase the number of years of service that a participant in a defined contribution plan or defined benefit plan service award program for volunteer ambulance workers may receive a contribution.
Last Action
substituted by s7399a
5/10/2022