Bill

Bill > A07007


NY A07007

NY A07007
Authorizes the village of Port Chester to offer an optional twenty-year retirement plan to Michael Sprague, a police officer employed by such village since January 7, 2013.


summary

Introduced
03/18/2025
In Committee
06/04/2025
Crossed Over
06/10/2025
Passed
11/21/2025
Dead
Signed/Enacted/Adopted
11/21/2025

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT authorizing the village of Port Chester to offer an optional twenty-year retirement plan to a certain police officer employed by such village

AI Summary

This bill authorizes the village of Port Chester to offer a special optional twenty-year retirement plan to Michael Sprague, a police officer who has been employed by the village since January 7, 2013. Specifically, the bill allows Sprague to retroactively participate in a special retirement plan under section 384-d of the retirement and social security law, even though he initially missed the filing deadline. The village of Port Chester would be responsible for covering all additional employer past service costs associated with this change, which are estimated at approximately $345,000 as a one-time payment (or $44,100 per year if amortized over a 10-year period). Sprague can elect to be covered by this special retirement plan by filing a request with the state comptroller within one year of the act's effective date. The bill provides a specific remedy for Sprague, who failed to file a timely application for the special retirement plan through no fault of his own, thereby allowing him to receive the full rights and benefits associated with the twenty-year retirement plan.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (1)

Last Action

signed chap.525 (on 11/21/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...