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NY A09471
Bill
Status
3/14/2024
Primary Sponsor
Jeff Gallahan
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AI Summary
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Authorizes Sgt. Angela Anderson of the Seneca Falls Police Department to receive full credit for service under the special twenty year retirement plan (Section 384-d) instead of the plan she was enrolled in (Section 375-i).
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Requires the Town of Seneca Falls to file a resolution with the state comptroller within 180 days certifying that Officer Anderson did not bar herself from the retirement plan due to her own negligence.
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Allows Officer Anderson to elect coverage under Section 384-d within one year of the act's effective date and receive full associated rights and benefits.
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Town of Seneca Falls bears all past service costs, estimated at approximately $178,000 as a one-time payment or $22,700 annually if amortized over 10 years, plus approximately $9,600 in additional annual contributions.
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Takes effect immediately upon enactment.
Legislative Description
Authorizes Sergeant Angela Anderson to receive certain service credit under a twenty year retirement plan for service with the Seneca Falls Police Department.
Last Action
referred to governmental employees
3/14/2024