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NY S09141
Bill
Status
5/11/2022
Primary Sponsor
Daniel Stec
Click for details
AI Summary
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Authorizes Clinton County to make the optional 25-year retirement plan available to three specific deputy sheriffs: Tanner Hooker (hired May 27, 2019), Timothy Schwartz (hired April 14, 2020), and Ian Vanier (hired February 18, 2019)
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Allows these deputy sheriffs to participate in the 25-year plan under section 551 of the Retirement and Social Security Law despite missing the original application deadline due to reasons beyond their own negligence
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Requires Clinton County to file a resolution with the State Comptroller within 180 days of the law's enactment certifying that the three deputy sheriffs did not bar themselves from participation through their own negligence
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Requires the affected deputy sheriffs to individually file participation requests with the state within one year of the law's effective date to become covered under section 551
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Clinton County must bear all employer past service costs, estimated at approximately $4,770 as a one-time payment or $1,070 annually if amortized over five years, plus approximately $1,500 in increased annual contributions for fiscal year 2023
Legislative Description
Authorizes the county of Clinton to offer an optional twenty-five year retirement plan to Tanner Hooker, Timothy Schwartz, and Ian Vanier, deputy sheriffs employed by such county.
Last Action
SUBSTITUTED BY A10231
6/2/2022