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History
- Referred to civil service and pensions
- Referred to civil service and pensions
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 Sleepy Hollow to offer an optional twenty year retirement plan to certain police officers employed by such village
Purpose or general idea of bill
This legislation would allow certain police officers employed by the village of Sleepy Hollow to enroll in the optional twenty-year retirement plan.
Summary of specific provisions
Section one of the bill allows the village of Sleepy Hollow to offer an optional twenty year retirement plan to Jose Quinoy, Raymond D'Alessandro, and James Warren, police officers of the village.
Section Two sets forth that all employer costs associated with this measure shall be borne by the village of Sleepy Hollow.
Section Three is the effective date.
Justification
For reasons not ascribable to their own negligence Village Officers Jose Quinoy, Raymond D'Alessandro, and James Warren, failed to make a timely application to participate in the optional twenty-year retirement plan.
Legislative history
2008 - S.8420 - Died in Senate Rules
Fiscal implications
None to State. However, there will be an increase of approximately $11,300 in annual contributions of the Village of Sleepy Hollow for the fiscal year ending March 31, 2010. There will be an immediate past service cost of $123,000 either as a one-time payment which would be borne by the Village of Sleepy Hollow or amortized over a period of ten years.
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.