NY A07978

Allows firefighter Kevin Burns of the Binghamton Fire Department to transfer from the 25-year retirement plan (Section 384) to the more favorable 20-year retirement plan (Section 384-d), correcting an enrollment error made through no fault of his own when he was hired on August 1, 2005

Requires the City of Binghamton to file a resolution with the state comptroller within 180 days certifying the firefighter was not negligent in causing the incorrect enrollment, and Burns must file his election request within one year

City of Binghamton must pay all past service costs, estimated at approximately $235,000 as a one-time payment, or $30,000 annually if amortized over 10 years

Annual contributions from the City of Binghamton will increase by approximately $5,400 for fiscal year ending March 31, 2026, with future costs varying based on billing rates and salary changes