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S5490Senate2009-2010 SessionSame asA8286

Authorizes the village of Port Dickinson, in the county of Broome, to offer an optional twenty year retirement plan to Sean Crouse and Paul Buttacovoli

Sponsor Tom LibousSD-52Affects Finance
Status
Senate Floor Calendar
Impact
Pending
Outcome
Companion signed

Bill progress

Signed via A8286

What's happening

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Who cares

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Sponsors

Primary sponsor
Tom Libous

Senator · Senate District 52

No co-sponsors yet.

History

  1. Substituted by A8286
  2. Ordered to third reading cal.811
  3. Committee discharged and committed to rules
  4. Referred to civil service and pensions

Companion bill

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 Port Dickinson, in the county of Broome, to offer an optional twenty year retirement plan to Sean D. Crouse and Paul Buttacovoli, Jr.

Purpose

To make the benefits of section 384-d of the New York State and Local Police and Fire Retirement System available to police officers Sean D. Crouse and Paul Buttacavoli Jr. who, for reasons not ascribable to their own negligence, failed to make a timely application to participate in such retirement plan.

Summary of provisions

Section 1 allows the Village of Port Dickinson to elect to reopen the optional twenty year retirement plan (section 384 d) for police officers Sean D. Crouse and Paul Buttacavoli Jr.

Section 2 requires the Village of Port Dickinson to pay for all employer costs associated with reopening the plan.

Section 3 contains the effective date.

Justification

This legislation is necessary to allow the Village of Port Dickinson to reopen the enrollment period for plan 384-d of the New York State and Local Police and Fire Retirement System for police officers Sean D. Crouse and Paul Buttacavoli Jr.

Legislative history

New bill.

Fiscal implications

This bill would result in an increase of approximately $4800 in annual contributions for the Village of Port Dickinson for the fiscal year ending May 30, 2010 and a past service cost of approximately $30,000 which would be borne by the Village of Port Dickinson over a ten year period.

Effective date

Immediately.

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