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Who cares
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Sponsors
No co-sponsors yet.
History
- Substituted by A8076A
- Ordered to third reading cal.1077
- Reported and committed to rules
- Reported and committed to finance
- Print number 4194a
- Amend and recommit to civil service and pensions
- Referred to civil service and pensions
- 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.
Authorizes certain police officers employed by the village of Lyons to join the twenty year retirement plan
Signed by Governor · Sponsor Robert Oaks
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 Lyons to offer an optional twenty year retirement plan to certain police officers employed by such village
Purpose or general idea of bill
To make the benefits of plan 384-d of the New York State and Local police and Fire Retirement System available to police officers John Flock and Scott VanDuyne who, for reasons not ascribable to their own negligence, failed to make a timely application to participate in such optional twenty year retirement plan.
Summary of provisions
Section 1 allows the village of Lyons to make participation in the optional twenty year retirement plan (section 384-d) available for police officers John Flock and Scott VanDuyne.
Section 2 requires that all employer costs associates with this act shall be paid by the village of Lyons and the past service costs associated with this act may be amortized over a period of 5 or 10 years.
Section 3 contains the effective date.
Justification
This legislation is necessary to allow the village of Lyons to make participation in plan 384-d of the New York State and Local police and Fire Retirement System available for police officers John Flock and Scott VanDuyne.
Legislative history
This is a new bill.
Fiscal implications
The Actuary for the New York State and Local Retirement System estimates that if this legislation is enacted during the 2009 legislative session and both officers become covered under the provisions of Section 384-d, that there will be an increase of approximately $2,500 in the annual contributions of the village of Lyons for the fiscal year ending March 31, 2010.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.