Bill > S08088

This bill provides a special provision for Scott Hoag, a police officer in the city of Rome, New York, to receive service credit under a specific retirement plan (section 384-d of the retirement and social security law) that he previously missed filing for through no fault of his own. The bill allows the city of Rome to elect to assume the additional cost of providing Hoag with full credit in the special twenty-year retirement plan by filing a resolution with the state comptroller within six months of the act's effective date. Hoag will then have six months after the city's resolution to file a request to be covered under the retirement plan. All past service costs associated with implementing this provision will be borne by the city of Rome and can be amortized over a ten-year period. The fiscal note indicates that this will result in an immediate past service cost of approximately $329,000 for the city, with potential annual increases in contributions of around $13,000. The bill is specifically tailored to address Hoag's unique situation and provides a mechanism for him to retroactively access a more favorable retirement plan.

Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/S8088