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Bill > A08610
NY A08610
NY A08610Authorizes the county of Rockland to offer an optional twenty year retirement plan to Matthew Donovan, a deputy sheriff employed by such county.
summary
Introduced
05/22/2025
05/22/2025
In Committee
06/16/2025
06/16/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT in relation to authorizing the county of Rockland to offer an optional twenty year retirement plan to Matthew Donovan, a deputy sheriff employed by such county
AI Summary
This bill authorizes Rockland County to offer Matthew Donovan, a deputy sheriff who started on August 1, 2020, the option to participate in a 20-year retirement plan under the New York State Employees' Retirement System, even though he was not initially enrolled. The bill allows the county to file a resolution with the state comptroller within 180 days, certifying that Donovan did not intentionally prevent his own participation in the plan. If approved, Donovan can elect to be covered under specific sections of the retirement and social security law and receive service credit retroactive to his start date. The county will be responsible for all past service costs associated with implementing this provision, which can be amortized over a five-year period. The fiscal note indicates that this will result in an approximate $14,000 increase in annual contributions for Rockland County and a one-time past service cost of around $174,000, which can be spread out over five years at about $38,800 per year. The bill takes effect immediately and is specifically tailored to provide Donovan with a retirement plan option he was previously unable to access.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (1)
Last Action
substituted by s8208a (on 06/16/2025)
Official Document
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