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History
- Referred to rules
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 the village of Maybrook, in Orange county, to offer an optional 20 year retirement plan to police officer Michael E. Maresca
In Senate Committee · Rules · Sponsor Nancy Calhoun
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S8306
Title of bill
An act to authorize the village of Maybrook, in the county of Orange, to offer an optional twenty year retirement plan to police officer Michael E. Maresca
Purpose
The purpose of this bill is to allow the village of Maybrook to make available to police officer Michael E. Maresca the optional twenty year retirement plan established pursuant to section 384-d of the retirement and social security law.
Summary of provisions
Section 1 states that the village of Maybrook which previously elected to offer the optional twenty year retirement plan, established pursuant to section 384-d of the retirement and social security law, to police officers employed by such village, is authorized to make participation in such plan available to Michael E. Maresca, a police officer employed by the village of Maybrook, for the term of his employment by such village, who for reasons not ascribable to his own negligence failed to make a timely application to participate in such optional twenty year retirement plan.
Section 2 states that all employer costs associated with implementing the provisions of this act shall be borne by the village of Maybrook.
Justification
Police Officer Michael E. Maresca for reasons not ascribable to his own negligence failed to make a timely application to participate in the optional twenty year retirement plan, established pursuant to section 384-d of the retirement and social security law. Legislation is therefore needed to remedy this situation.
Legislative history
New Bill.
Local fiscal implications
There will be an anticipated increase of approximately $2,540 in the annual contributions of the Village of Maybrook for the fiscal year ending March 31, 2011. In addition to the annual contributions discussed above, there will be an immediate past service cost of approximately $5,100 which would be borne by the Village of Maybrook.
The Village of Maybrook is willing to cover all costs associated with this legislation.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.