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NY S08088

Bill

Status

Introduced

5/15/2025

Primary Sponsor

Joseph Griffo

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Authorizes Scott Hoag, a Rome police officer, to transfer from the general retirement plan (section 375-i) to the special twenty-year retirement plan (section 384-d) after missing the filing deadline through no fault of his own

  • City of Rome must pass a resolution and file it with the state comptroller within six months certifying the missed deadline was not due to the officer's negligence

  • City of Rome assumes all additional costs, including an immediate past service cost of approximately $329,000 (or $42,000/year if amortized over 10 years) plus roughly $13,000 in increased annual contributions

  • Officer has six months after the city's resolution to elect coverage under the special twenty-year retirement plan

Legislative Description

Authorizes Scott Hoag, a city of Rome police officer, to receive certain credit under section 384-d of the retirement and social security law.

Last Action

SUBSTITUTED BY A8489

6/11/2025

Committee Referrals

Rules6/11/2025
Civil Service and Pensions5/15/2025

Full Bill Text

No bill text available