Bill Text: NY A10181 | 2015-2016 | General Assembly | Introduced

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Bill Title: Authorizes Peter G. LaSala, a police officer in the village of Potsdam, in the county of St. Lawrence, to elect to participate in an optional 20 year retirement program.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-05-16 - referred to governmental employees [A10181 Detail]

Download: New_York-2015-A10181-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          10181
                   IN ASSEMBLY
                                      May 16, 2016
                                       ___________
        Introduced  by M. of A. RUSSELL -- read once and referred to the Commit-
          tee on Governmental Employees
        AN ACT to authorize Peter G. LaSala  to  elect  to  participate  in  the
          optional  twenty-year  retirement plan for police officers employed by
          the village of Potsdam in the county of St. Lawrence
          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  village  of Potsdam, in the county of St. Lawrence, 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 police officers employed by such village, is
     7  hereby authorized to make participation in such plan available to  Peter
     8  G.  LaSala,  a police officer employed by such village, who, for reasons
     9  not ascribable to his own negligence, failed to make a  timely  applica-
    10  tion to participate in such optional twenty-year retirement plan. There-
    11  after,  Peter  G.  LaSala  may  elect to be covered by the provisions of
    12  section 384-d of the retirement and social security law,  and  shall  be
    13  entitled  to the full rights and benefits associated with coverage under
    14  such section as well as section 384-e of such law, by filing  a  request
    15  to  that  effect  with  the  state comptroller on or before December 31,
    16  2016.
    17    §  2.  All  past  service  costs  associated  with  implementing   the
    18  provisions  of this act shall be borne by the village of Potsdam and may
    19  be paid over a period of ten years.
    20    § 3. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15322-01-6