Bill Text: NY A09095 | 2015-2016 | General Assembly | Introduced
Bill Title: Authorizes Micki Guy, a firefighter in the city of Glens Falls, in the county of Warren, to elect to participate in the optional 20 year retirement program.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2016-06-15 - substituted by s6545 [A09095 Detail]
Download: New_York-2015-A09095-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 9095 IN ASSEMBLY January 26, 2016 ___________ Introduced by M. of A. STEC -- read once and referred to the Committee on Governmental Employees AN ACT to authorize Micki Guy to elect to participate in the optional twenty-year retirement plan for firefighters employed by the city of Glens Falls in the county of Warren The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Notwithstanding any other provision of law to the contrary, 2 the city of Glens Falls, in the county of Warren, a participating 3 employer in the New York state and local police and fire retirement 4 system, which previously elected to offer the optional twenty-year 5 retirement plan, established pursuant to section 384-d of the retirement 6 and Social Security law, to firefighters employed by such city, is here- 7 by authorized to make participation in such plan available to Micki Guy, 8 a firefighter employed by such city, who, for reasons not ascribable to 9 her own negligence, failed to make a timely application to participate 10 in such optional twenty-year retirement plan. Thereafter, Micki Guy may 11 elect to be covered by the provisions of section 384-e of the retirement 12 and social security law, and shall be entitled to the full rights and 13 benefits associated with coverage under such section as well as section 14 384-e of such law, by filing a request to that effect with the state 15 comptroller on or before December 31, 2016. 16 § 2. All past service costs associated with implementing the 17 provisions of this act shall be borne by the city of Glens Falls and may 18 be amortized over a period of ten years. 19 § 3. This act shall take effect immediately. FISCAL NOTE.-- Pursuant to Legislative Law, Section 50: This bill would allow the City of Glens Falls to reopen the provisions of Section 384-d and 384-e of the Retirement and Social Security Law for Micki Guy, a firefighter in their employ and a current member of the New York State and Local Police and Fire retirement system. If this legislation is enacted during the 2016 legislative session, we anticipate that there will be an increase of approximately $2,070 in the annual contributions of the City of Glens Falls for the fiscal year EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13786-01-6