Bill > S08219

This bill provides a special retirement plan provision specifically for Mackenzie M. Covert, a police officer in the village of Trumansburg, Tompkins County. Currently enrolled in section 375-i of the retirement and social security law, the bill allows her to transfer to the special twenty-year retirement plan under section 384-d, which offers more favorable retirement terms. The village of Trumansburg must elect to assume the additional costs by filing a resolution with the state comptroller within one year of the act's effective date, certifying that Covert did not disqualify herself through negligence. If the village approves, Covert can then file a request with the state comptroller to be covered under the new retirement plan. The village will be responsible for all past service costs associated with this change, which are estimated at approximately $139,000 as a one-time payment, with an anticipated increase of about $10,000 in annual contributions. The bill is essentially creating a personalized legislative remedy to allow Covert to access a more beneficial retirement plan that she was not originally enrolled in, with all financial implications borne by her employer.

Budget and Finance, Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/S8219