S T A T E O F N E W Y O R K
2011-2012 Regular Sessions
I N S E N A T E
February 24, 2011
Introduced by Sen. LARKIN -- read twice and ordered printed, and when
printed to be committed to the Committee on Civil Service and Pensions
AN ACT to authorize the village of Maybrook, in the county of Orange, to
offer an optional twenty year retirement plan to police officer Micha-
el E. Maresca
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Notwithstanding any other provision of law to the contrary,
the village of Maybrook, in the county of Orange, a participating
employer in the New York state and local police and fire retirement
system, which previously elected to offer the optional twenty year
retirement plan, established pursuant to section 384-d of the retirement
and social security law, to police officers employed by such village, is
hereby authorized to make participation in such plan available to Micha-
el E. Maresca, a police officer employed by the village of Maybrook,
who, for reasons not ascribable to his own negligence failed to make a
timely application to participate in such optional twenty year retire-
ment plan. The village of Maybrook may so elect by filing with the
state comptroller, on or before December 31, 2011, a resolution of its
board of trustees together with certification that such police officer
did not bar himself from participation in such retirement plan as a
result of his own negligence. Thereafter, such police officer may elect
to be covered by the provisions of section 384-d of the retirement and
social security law, and shall be entitled to the full rights and bene-
fits associated with coverage under such section, by filing a request to
that effect with the state comptroller on or before June 30, 2012.
S 2. All past service costs associated with implementing the
provisions of this act shall be borne by the village of Maybrook.
S 3. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
S. 3505 2
FISCAL NOTE.--This bill will allow the Village of Maybrook to elect to
reopen the provisions of Section 384-d of the Retirement and Social
Security Law for Police Officer Michael E. Maresca.
If this bill is enacted and the above officer become covered under
Section 384-d, we anticipate that there will be an increase of approxi-
mately $3,900 in the annual contributions of the Village of Maybrook for
the fiscal year ending March 31, 2012.
In addition to the annual contributions discussed above, there will be
an immediate past service cost of approximately $8,800 which would be
borne by the Village of Maybrook. This estimate is based on the assump-
tion that payment will be made on February 1, 2012.
This estimate, dated February 15, 2011 and intended for use only
during the 2011 Legislative Session, is Fiscal Note No. 2011-114,
prepared by the Actuary for the New York State and Local Police and Fire