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NY S07847
Bill
Status
11/21/2025
Primary Sponsor
Lea Webb
Click for details
AI Summary
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Authorizes Kevin R. Noterfonzo, a police officer with the Trumansburg Police Department appointed February 10, 2020, to receive credit under the special 20-year retirement plan (Section 384-d) instead of Section 375-i, which he was enrolled in through no fault of his 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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Places all past service costs on the Village of Trumansburg, including a one-time payment of approximately $14,800
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Increases the Village of Trumansburg's annual retirement contributions by approximately $4,400 for fiscal year ending March 31, 2026, with future costs varying based on billing rates and salary changes
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Takes effect immediately upon enactment
Legislative Description
Authorizes the village of Trumansburg to offer an optional twenty-year retirement plan to Kevin R. Noterfonzo under section 384-d of the retirement and social security law.
Last Action
SIGNED CHAP.556
11/21/2025