Bill Text: NY S07765 | 2009-2010 | General Assembly | Introduced
Bill Title: Authorizes the city of Mount Vernon to offer certain retirement options to Paul D'Amore, Christopher Grieco, Wendell Griffin, Erin Holly, Thomas Joy, Patsy Leone and Jeremy Villanueva, police officers employed by such city.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Engrossed - Dead) 2010-06-30 - referred to governmental employees [S07765 Detail]
Download: New_York-2009-S07765-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
7765
I N S E N A T E
May 7, 2010
___________
Introduced by Sen. HASSELL-THOMPSON -- read twice and ordered printed,
and when printed to be committed to the Committee on Civil Service and
Pensions
AN ACT to authorize the city of Mount Vernon, in the county of Westches-
ter, to offer certain retirement options to Paul D'Amore, Christopher
Grieco, Wendell Griffin, Erin Holly, Thomas Joy, Patsy Leone and Jere-
my Villanueva, police officers employed by such city
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 Mount Vernon, in the county of Westchester, a participating
3 employer in the New York state and local police and fire retirement
4 system, which previously elected to offer the optional retirement plan
5 established pursuant to section 384-d of the retirement and social secu-
6 rity law to police officers employed by such city, is hereby authorized
7 to make participation in such plan available to Paul D'Amore, Christo-
8 pher Grieco, Wendell Griffin, Erin Holly, Thomas Joy, Patsy Leone and
9 Jeremy Villanueva, police officers employed by the city of Mount Vernon,
10 who, on the effective date of this act are covered under the provisions
11 of section 375-i of the retirement and social security law, and who, for
12 reasons not ascribable to their own negligence failed to make a timely
13 application to participate in such optional retirement plan. The city of
14 Mount Vernon may so elect by filing with the state comptroller, on or
15 before June 30, 2011, a resolution of its legislative body together with
16 certification that any such police officer did not bar himself or
17 herself from participation in such retirement plan as a result of his or
18 her own negligence. Thereafter, any such police officer may elect to be
19 covered by the provisions of section 384-d of the retirement and social
20 security law, and shall be entitled to the full rights and benefits
21 associated with coverage under such section, by filing a request to that
22 effect with the state comptroller on or before June 30, 2011.
23 S 2. All costs associated with implementing the provisions of this act
24 shall be borne by the city of Mount Vernon.
25 S 3. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15458-06-0
S. 7765 2
FISCAL NOTE.-- 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 seven Police Officers: Paul C. D'Amore, Cristopher M. Grieco,
Wendell D. Griffin, Erin A. Holly, Thomas Joy, Patsy A. Leone and Jere-
my Villanueva.
If this legislation is enacted during the 2010 legislative session, we
anticipate that there will be an increase of approximately $12,000 in
the annual contributions of the City of Mount Vernon 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 $40,000, 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 1,2011.
This estimate, dated March 26, 2010 and intended for use only during
the 2010 Legislative Session, is Fiscal Note No. 2010-128, prepared by
the Actuary for the New York State and Local Police and Fire Retirement
System.
