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Bill > S07849


NY S07849

NY S07849
Authorizes the county of Tompkins to offer an optional twenty year retirement plan to Kyle Davenport, a deputy sheriff employed by such county upon such officer's election to participate in such plan.


summary

Introduced
05/09/2025
In Committee
06/11/2025
Crossed Over
06/13/2025
Passed
11/21/2025
Dead
Signed/Enacted/Adopted
11/21/2025

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT in relation to authorizing the county of Tompkins to offer an optional twenty year retirement plan to Kyle Davenport, a deputy sheriff employed by such county

AI Summary

This bill provides a special retirement plan opportunity for Kyle Davenport, a deputy sheriff employed by Tompkins County, New York. Specifically, the bill allows Davenport to retroactively elect to participate in a 20-year retirement plan under sections 552 and 553 of the Retirement and Social Security Law, despite previously being enrolled in a 25-year retirement plan. The county of Tompkins can choose to assume the additional costs associated with this change within one year of the bill's effective date by filing a resolution with the state comptroller. Davenport must file a request with the state comptroller within 18 months to be covered under the new plan. The county will be responsible for all past service costs, which can be amortized over a five-year period. The fiscal note estimates that this change will result in an approximately $11,000 increase in annual contributions and a one-time past service cost of about $92,100 for Tompkins County. The bill is intended to provide Davenport with an opportunity to participate in a retirement plan that he missed due to circumstances beyond his control.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (1)

Last Action

SIGNED CHAP.558 (on 11/21/2025)

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