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NY S07848
Bill
Status
11/21/2025
Primary Sponsor
Lea Webb
Click for details
AI Summary
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Allows Bryan Jolly, a Tompkins County deputy sheriff, to transfer from the 25-year retirement plan (section 89-p) to the more favorable 20-year retirement plan (sections 552 and 553) after he missed the filing deadline through no fault of his own when promoted to deputy sheriff on March 12, 2018
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Requires Tompkins County to elect within one year to assume additional costs and certify that Jolly's failure to file was not due to his own negligence
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Requires Jolly to file his election to participate within 18 months of the act's effective date
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Tompkins County must pay a past service cost of approximately $69,300 as a one-time payment or $15,500 annually if amortized over five years
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Increases Tompkins County's annual retirement contributions by approximately $8,900 for fiscal year ending March 31, 2026
Legislative Description
Authorizes the county of Tompkins to offer an optional twenty year retirement plan to Bryan Jolly, a deputy sheriff employed by such county upon such officer's election to participate in such plan.
Last Action
SIGNED CHAP.557
11/21/2025