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NY S07399
Bill
Status
11/23/2022
Primary Sponsor
James Gaughran
Click for details
AI Summary
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Amends General Municipal Law to allow governing boards of political subdivisions to extend the maximum years of service credit for volunteer ambulance workers from 40 years to up to 50 years.
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Extensions of up to 10 additional years may be implemented in multiple increments or as a single action through adoption of governing board resolution(s).
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Requires affirmative vote of at least 60 percent of the governing board and approval by mandatory referendum of eligible voters within the political subdivision to authorize the extension.
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Applies to both defined contribution plan service award programs and defined benefit plan service award programs.
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Takes effect immediately and applies to all current and future participants in these 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
SIGNED CHAP.654
11/23/2022