Bill > A08213

This bill provides a special retirement option for Daniel H. Austic, a police officer in the village of Trumansburg, Tompkins County. Specifically, the bill allows the village to offer Austic the opportunity to be enrolled in a twenty-year retirement plan under section 384-d of the Retirement and Social Security Law, which differs from the plan (section 375-i) he was initially enrolled in. The village can elect this option by filing a resolution with the state comptroller within one year of the bill's effective date, certifying that Austic did not prevent his own participation in the plan. If the village opts in, Austic can then request to be covered under the new retirement plan within the same one-year timeframe. The village will bear all past service costs associated with this change, which are estimated at approximately $3,090 as a one-time payment and an additional $550 in annual contributions. The bill aims to provide Austic with more favorable retirement benefits and gives the village the discretion to support this change. The legislation takes effect immediately upon passage.

Budget and Finance, Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/A8213