S T A T E   O F   N E W   Y O R K
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                                  9913

                          I N  A S S E M B L Y

                            February 11, 2010
                               ___________

Introduced by M. of A. CROUCH -- read once and referred to the Committee
  on Governmental Employees

AN  ACT  to  authorize  the  village of Port Dickinson, in the county of
  Broome, to offer an optional twenty year retirement plan  to  Sean  D.
  Crouse and Paul Buttacovoli, Jr.

  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 Port Dickinson, in the county of Broome, 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 Sean
D. Crouse, the chief of police, and  Paul  Buttacovoli,  Jr.,  a  police
officer  employed by the village of Port Dickinson, who, for reasons not
ascribable to their own negligence failed to make timely applications to
participate in such optional twenty year retirement plan.
  The village of Port Dickinson may so elect by filing  with  the  state
comptroller, on or before December 31, 2010, a resolution of its govern-
ing  body  together  with  certification  that  such chief of police and
police officer did not bar themselves from participation in such retire-
ment plan as a result of their own negligence. Thereafter, such chief of
police and 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 benefits associated with coverage  under
such  section,  by  filing a request to that effect with the state comp-
troller on or before June 30, 2011.
  S 2. All employer costs associated with implementing the provisions of
this act shall be borne by the village of Port Dickinson over  a  period
of ten years.
  S 3. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, section 50:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10895-04-0
              

A. 9913                             2

  This  bill will allow the Village of Port Dickinson to elect to reopen
the provisions of Section 384-d of the Retirement  and  Social  Security
Law for Police Officers Paul Buttacavoli,Jr. and Sean D. Crouse.
  If  this  bill  is enacted and the above officers become covered under
Section 384-d, we anticipate that there will be an increase of  approxi-
mately $2,400 in the annual contributions of the Village of Port Dickin-
son 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 $54,100 which would be
borne by the Village of Port Dickinson. This estimate is  based  on  the
assumption  that  payment will be made on February 1, 2011. If this cost
were amortized over a period of ten (10) years, the costs for the  first
year including interest would be approximately $7,460.
  This estimate, dated February 5, 2010 and intended for use only during
the  2010  Legislative  Session, is Fiscal Note No. 2010-90, prepared by
the Actuary for the New York State and Local Police and Fire  Retirement
System.