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S6394Senate2011-2012 SessionSame asA9222

Authorizes the town of Inlet to offer a 20 year retirement plan to police officer John Harrington

Sponsor Betty LittleSD-45Affects Finance
Status
Senate Floor Calendar
Impact
Pending
Outcome
Companion signed

Bill progress

Signed via A9222

What's happening

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Who cares

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Sponsors

Primary sponsor
Betty Little

Senator · Senate District 45

Chair, Cultural Affairs, Tourism, Parks And Recreation

No co-sponsors yet.

History

  1. Substituted by A9222
  2. Advanced to third reading
  3. 2nd report cal.
  4. 1st report cal.487
  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.

A9222Assembly

Authorizes the town of Inlet to offer a 20 year retirement plan to police officer John Harrington

Signed by Governor · Sponsor Teresa Sayward

Signed into law

Full text

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

Sponsor's memo

BILL NUMBER:S6394

Title of bill

An act to authorize the town of Inlet, in the county of Hamilton to offer an optional twenty year retirement plan to police officer John Harrington

Purpose

To authorize the town of Inlet to re-open the optional retirement plan offered under Section 384-d of the Retirement and Social Security law to police officer John Harrington.

Summary of provisions

Section 1: The Town of Inlet is authorized to make participation in the twenty year retirement plan established under section 384-d of the retirement and social security law available to police officer John Harrington.

Section 2: All employer costs associated with the implementation of this act will be borne by the Town of Inlet, and past service costs associated with this act shall be paid in ten equal annual installments.

Section 3: Contains the effective date.

Justification

This legislation is necessary to allow the Town of Inlet to make participation in plan 354-d of the New York State and Local Police and Fire Retirement System available to police officer John Harrington, who through no negligence of his own failed to make a timely application to participate in such an optional retirement plan when he transitioned from part to full time in said town.

Legislative history

New Bill.

Fiscal implications

All costs associated with the implementation of this act shall be borne by the town of Inlet.

Local fiscal implications

If the legislation is enacted during the 2012 legislative session, the Town of InIet will bear an annual contribution increase of$3,600 for the fiscal year ending March 31, 2013. The town will pay an additional $5,480 in past service costs annually for 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.