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S6861Senate2009-2010 SessionSame asA9947

Authorizes William Bianco and Eric Lipinsky to file for retroactive membership in the optional 20 year retirement plan

Sponsor Kenneth P. LaValleSD-1Affects Finance
Status
Senate Floor Calendar
Impact
Pending
Outcome
Companion signed

Bill progress

Signed via A9947

What's happening

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Why it matters

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Who cares

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Sponsors

Primary sponsor
Kenneth P. LaValle

Senator · Senate District 1

No co-sponsors yet.

History

  1. Substituted by A9947
  2. Ordered to third reading cal.1334
  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.

A9947Assembly

Authorizes William Bianco and Eric Lipinsky to file for retroactive membership in the optional 20 year retirement plan

Signed by Governor · Sponsor Marc Alessi

Signed into law

Full text

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

Sponsor's memo

Title of bill

An act authorizing William Bianco and Eric Lipinsky to file for retroactive membership in the optional 20 year retirement plan of the New York state and local police and fire retirement system pursuant to section 384-d of the retirement and social security law

Purpose

To allow William Bianco and Eric Lipinsky to file for retroactive membership in the Town of Riverhead's optional 20 year retirement plan of the New York state and local police and fire retirement system.

Summary of provisions

Section 1. Provides that the Town of Riverhead is authorized to allow William Bianco and Eric Lipinsky to timely file applications to participate in the town's option retirement plan. Section 2. Provides that all past service costs will be borne by the Town of Riverhead. Section 3. Provides that the act shall take effect immediately.

Justification

The Town of Riverhead adopted an optional 20 year retirement plan pursuant to section 384-d and e of the retirement and social law which allowed a limited time period for its officers to opt into the plan. The Town, by resolution, has determined that the officers, for no reasons ascribable to their intentional negligence, did not opt into the plan and supports legislation which will allow them to make timely applications.

Legislative history

New bill.

Fiscal implications

$11,000 past service cost to be paid by the Town of Riverhead with ongoing costs of annual contributions of $6,900.

Effective date

Immediately.

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