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NY A08544
Bill
Status
5/20/2025
Primary Sponsor
Anna Kelles
Click for details
AI Summary
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Authorizes Mackenzie M. Covert, a police officer with the Trumansburg Police Department appointed February 13, 2017, to transfer from her current retirement plan (section 375-i) to the special twenty-year retirement plan (section 384-d) after being enrolled in the wrong plan through no fault of her own
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Requires the Village of Trumansburg to elect to assume the additional costs by filing a resolution with the state comptroller within one year of the act's effective date
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Village must certify that the officer did not bar herself from the twenty-year plan participation due to her own negligence
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All past service costs must be borne by the Village of Trumansburg, estimated at approximately $139,000 as a one-time payment plus roughly $10,000 in increased annual contributions starting fiscal year ending March 31, 2026
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Takes effect immediately upon passage
Legislative Description
Authorizes the village of Trumansburg to offer an optional twenty-year retirement plan to Mackenzie M. Covert under section 384-d of the retirement and social security law.
Last Action
substituted by s8219
6/16/2025