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S1800Senate2009-2010 SessionSame asA4811

Authorizes the village of Cambridge, in Washington county, to offer an optional 25 year retirement plan to certain police officers

Sponsor Betty LittleSD-45Affects Finance
Status
Senate Floor Calendar
Impact
Pending
Outcome
Companion signed

Bill progress

Signed via A4811

What's happening

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Why it matters

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Who cares

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Sponsors

Primary sponsor
Betty Little

Senator · Senate District 45

No co-sponsors yet.

History

  1. Substituted by A4811
  2. Ordered to third reading cal.740
  3. Reported and committed to rules
  4. Reported and committed to finance
  5. Referred to civil service and pensions

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.

A4811Assembly

Authorizes the village of Cambridge, in Washington county, to offer an optional 25 year retirement plan to certain police officers

Signed by Governor · Sponsor Tony Jordan

Signed into law

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

Title of bill

An act to authorize the village of Cambridge, in the county of Washington, to offer an optional twenty-five year retirement plan to police officers George G. Bell, Harold P. Spiezio III and Stephen E. Griffin, Jr.

Purpose

Provides that three full time police officers, George G. Bell, Harold P. Spiezio III and Stephen E. Griffin, Jr. may be eligible for the twenty-five year retirement plan.

Summary of provisions

Section one - allows the Village of Cambridge to reopen the twenty-five year retirement plan to three officers, who for reasons not ascribable to their own negligence, failed to make timely application for such retirement plan.

Section two - states all employer costs associated with this legislation shall be borne by the village of Cambridge.

Section three - contains the effective date.

Justification

This legislation has been introduced at the request of the Village of Cambridge in order to allow three officers to join the 25 year retirement plan for police officers.

Legislative history

New bill.

Fiscal implications

If this bill is enacted and officers become covered under Section 384, there will be an increase of approximately $3,200 in the annual contributions of the Village of Cambridge for the fiscal year ending March 31, 2010. In addition to the annual contributions discussed above, there will be an immediate past service cost of approximately $14,900 which would be borne by the Village of Cambridge.

Effective date

This act shall take effect immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.