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Bill > A07444


NY A07444

NY A07444
Authorizes the town of Orangetown to offer a certain retirement option to Orangetown police officers Patrick J. Casey, Elizabeth M. Muckell and Keith E. Trojan.


summary

Introduced
05/10/2021
In Committee
06/09/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to authorize the town of Orangetown to offer a certain retirement option to Orangetown police officers Patrick J. Casey, Elizabeth M. Muckell and Keith E. Trojan

AI Summary

This bill authorizes the town of Orangetown to offer a certain retirement option to Orangetown police officers Patrick J. Casey, Elizabeth M. Muckell, and Keith E. Trojan. The bill allows these officers, who previously failed to make a timely application to participate in the optional retirement plan established under Section 384-d of the Retirement and Social Security Law, to elect to be covered by the provisions of that section within one year of the bill's effective date. The town of Orangetown will bear all past service costs associated with implementing the provisions of this bill, which is estimated to result in an increase of approximately $41,000 in the town's annual contributions to the retirement system and a one-time past service cost of approximately $124,000.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (2)

Last Action

substituted by s7169 (on 06/10/2021)

bill text


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