Bill S6394-2011

Authorizes the town of Inlet to offer a 20 year retirement plan to police officer John Harrington

Authorizes the town of Inlet to offer a 20 year retirement plan to police officer John Harrington.

Details

Actions

  • Jun 21, 2012: SUBSTITUTED BY A9222
  • Apr 19, 2012: ADVANCED TO THIRD READING
  • Apr 18, 2012: 2ND REPORT CAL.
  • Apr 17, 2012: 1ST REPORT CAL.487
  • Feb 3, 2012: REFERRED TO CIVIL SERVICE AND PENSIONS

Meetings

Calendars

Votes

VOTE: COMMITTEE VOTE: - Civil Service and Pensions - Apr 17, 2012
Ayes (9): Golden, Fuschillo, Lanza, Little, Martins, Perkins, Addabbo, Dilan, Savino
Ayes W/R (1): O'Mara
Excused (2): Hannon, Serrano

Memo

BILL NUMBER:S6394

TITLE OF BILL: An act to authorize the town of Inlet, in the county of Hamilton to offer an optional twenty year retirement plan to police officer John Harrington

PURPOSE: To authorize the town of Inlet to re-open the optional retirement plan offered under Section 384-d of the Retirement and Social Security law to police officer John Harrington.

SUMMARY OF PROVISIONS: Section 1: The Town of Inlet is authorized to make participation in the twenty year retirement plan established under section 384-d of the retirement and social security law available to police officer John Harrington.

Section 2: All employer costs associated with the implementation of this act will be borne by the Town of Inlet, and past service costs associated with this act shall be paid in ten equal annual installments.

Section 3: Contains the effective date.

JUSTIFICATION: This legislation is necessary to allow the Town of Inlet to make participation in plan 354-d of the New York State and Local Police and Fire Retirement System available to police officer John Harrington, who through no negligence of his own failed to make a timely application to participate in such an optional retirement plan when he transitioned from part to full time in said town.

LEGISLATIVE HISTORY: New Bill.

FISCAL IMPLICATIONS: All costs associated with the implementation of this act shall be borne by the town of Inlet.

LOCAL FISCAL IMPLICATIONS: If the legislation is enacted during the 2012 legislative session, the Town of InIet will bear an annual contribution increase of$3,600 for the fiscal year ending March 31, 2013. The town will pay an additional $5,480 in past service costs annually for ten years.

EFFECTIVE DATE: This act shall take effect immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 6394 IN SENATE February 3, 2012 ___________
Introduced by Sen. LITTLE -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions AN ACT to authorize the town of Inlet, in the county of Hamilton to offer an optional twenty year retirement plan to police officer John Harrington THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding any other provision of law to the contrary, the town of Inlet, in the county of Hamilton, a participating employer in the New York state and local police and fire retirement system, which previously elected to offer the optional twenty year retirement plan, established pursuant to section 384-d of the retirement and social secu- rity law, to police officers employed by such town, is hereby authorized to make participation in such plan available to sergeant John Harring- ton, a police officer employed by the town of Inlet, who, for reasons not ascribable to his own negligence, failed to make a timely applica- tion to participate in such optional twenty year retirement plan. The town of Inlet may so elect by filing with the state comptroller, on or before December 31, 2013, a resolution of its town board together with certification that such police officer did not bar himself from partic- ipation in such retirement plan as a result of his own negligence. Thereafter, such police officer may elect to be covered by the provisions of section 384-d of the retirement and social security law, and shall be entitled to the full rights and benefits associated with coverage under such section, by filing a request to that effect with the state comptroller on or before June 30, 2014. S 2. All past costs associated with implementing the provisions of this act shall be borne by the town of Inlet. S 3. This act shall take effect immediately. FISCAL NOTE.--If this legislation is enacted during the 2012 legisla- tive session, we anticipate that there will be an increase of approxi- mately $3,600 in the annual contributions of the Town of Inlet for the fiscal year ending March 31, 2013.

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Discuss!

blog comments powered by Disqus