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Bill > S07054


NY S07054

NY S07054
Authorizes the granting of retirement service credit in the optional twenty year retirement plan to Duane A. Palma for service as a correction officer at the Monroe county sheriff's office jail bureau.


summary

Introduced
03/31/2025
In Committee
05/27/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to authorize the granting of retirement service credit in the optional twenty year retirement plan to Duane A. Palma for service as a correction officer

AI Summary

This bill authorizes Duane A. Palma, a deputy sheriff currently employed by the Monroe County Sheriff's Office, to receive full retirement service credit in the optional twenty-year retirement plan for his prior service as a correction officer at the Monroe County Sheriff's Office jail bureau, retroactive to February 22, 1999. The bill allows Monroe County to elect to assume the additional cost of this service credit within one year of the act's effective date by filing a resolution with the state comptroller. Palma can file a request to be covered under the retirement plan within eighteen months of the act's effective date. All employer past service costs, estimated at approximately $160,000, will be borne by Monroe County and can be amortized over a five-year period, with annual payments of about $35,900 including interest. The bill specifically references sections 552 and 553 of the Retirement and Social Security Law, which govern the optional twenty-year retirement plan for certain public employees. The act is intended to provide Palma with full retirement benefits for his earlier service as a correction officer, with all associated costs to be covered by Monroe County.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (2)

Last Action

Companion passed 2025-11-21 (on 11/21/2025)

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