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Bill > A08329


NY A08329

NY A08329
Authorizes Stephen Watkins to receive certain service credit under section 384-d of the retirement and social security law.


summary

Introduced
06/14/2019
In Committee
01/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

AN ACT to authorize Stephen Watkins to elect to be covered by section 384-d of the retirement and social security law The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1

AI Summary

This bill authorizes Stephen Watkins, a member of the New York State and Local Police and Fire Retirement System, to elect to be covered by the special 20-year retirement plan under Section 384-d of the Retirement and Social Security Law. Watkins was employed as a police officer with the Town of Manlius from 2005 to 2016 and is currently employed as a police officer with the Town of Camillus since 2016. However, he twice failed to file a timely application to participate in the special 20-year retirement plan, resulting in his service being credited to the general retirement plan under Section 375-c. This bill allows Watkins to receive full credit in the special 20-year retirement plan, with the Town of Camillus responsible for the additional cost and able to amortize the employer past service costs over a 10-year period.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

print number 8329a (on 01/09/2020)

bill text


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