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History
- Print number 10849a
- Amend and recommit to governmental employees
- Referred to governmental employees
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Authorizes the city of Mount Vernon to offer certain retirement options to Paul D'Amore, Christopher Grieco, Wendell Griffin, Erin Holly, Thomas Joy, Patsy Leone and Jeremy Villanueva
In Assembly Committee · Governmental Employees · Sponsor Ruth Hassell-Thompson
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:A10849A
Title of bill
An act to authorize the city of Mount Vernon, in the county of Westchester, to offer certain retirement options to Paul D'Amore, Christopher Grieco, Wendell Griffin, Erin Holly, Thomas Joy, Patsy Leone and Jeremy Villanueva, police officers employed by such city
Purpose or general idea of bill
To reopen the provisions of section 384-d of the retirement and social security law for 7 police officers in the city of Mount Vernon
Justification
Due to an oversight by the Department of Public Safety, the 7 officers were placed into the 375-1 plan of the Retirement system instead of the 384-d plan. The officers were not able to fix the error within the allowed time frame of one year. As such, legislation will be enacted to allow the officers to be placed in the desired plan.
Prior legislative history
None.
Fiscal implications
If this legislation is enacted during the 2010 legislative session, we anticipate that there will be an increase of approximately 12,000 in the annual contributions of the City of Mount Vernon for the fiscal year ending March 31, 2011.
In addition to the annual contributions discussed above, there will be an immediate past service cost of approximately 40,500, which would be borne by the city of Mount Vernon as a one-time payment. This estimate is based on the assumption that payment will be made on February 1, 2011.
This estimate,dated March 26, 2010 and intended for use only during the 2010 legislative session, is Fiscal note No. 2010-128, prepared by the Actuary for the New York state and local police and Fire Retirement System.
Effective date
This act shall Lake effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.