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S4312Senate2013-2014 SessionSame asA6183

Authorizes the city of Mount Vernon to offer certain retirement options to Christopher Grieco, Wendell Griffin, Patsy Leone and Jeremy Villanueva, police officers employed by such city

Sponsor Ruth Hassell-ThompsonSD-36Affects Local Government
Status
In Senate Committee
Local Government
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Local Government

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Sponsors

Primary sponsor
Ruth Hassell-Thompson

Senator · Senate District 36

No co-sponsors yet.

History

  1. Referred to local government
  2. Referred to local government

Companion bill

Full text

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

Sponsor's memo

BILL NUMBER:S4312

Title of bill

An act to authorize the city of Mount Vernon, in the county of Westchester, to offer certain retirement options to Christopher Grieco, Wendell Griffin, Patsy Leone and Jeremy Villanueva, police officers employed by such city

Purpose or general idea of bill

To reopen the provisions of section 384-d of the retirement and social security law for 4 police officers in the City of Mount Vernon.

Justification

Due to an oversight by the Department of Public Safety, the 4 officers were placed into the 375-1 plan of the retirement system instead of the 384-d plan. The officers were not able to fix the error within the allowed time frame of one year. As such, legislation will be enacted to allow the officers to be placed in the desired plan.

Prior legislative history

A10849A 2009/2010 referred to governmental employees.

Fiscal implications

This bill will allow the City of Mount Vernon to reopen the provisions of Section 384-d of the Retirement and Social Security Law for four Police Officers: Christopher Grieco, Wendell Griffin, Patsy Leone and Jeremy Villanueva.

If this legislation is enacted during the 2013 Legislative Session we anticipate that there will be an increase of approximately $31,000 in the annual contributions of the City of Mount Vernon for the fiscal year ending March 31, 2014.

In addition to the annual contributions discussed above, there will be an immediate past service cost of approximately $124,000, which would be borne by the City of Mount Vernon as a one-time payment. This estimate is based on the assumption that payment will be made on February 1, 2014.

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.