S T A T E   O F   N E W   Y O R K
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    S. 1800                                                  A. 4811

                       2009-2010 Regular Sessions

                      S E N A T E - A S S E M B L Y

                            February 6, 2009
                               ___________

IN  SENATE -- Introduced by Sen. LITTLE -- read twice and ordered print-
  ed, and when printed to be committed to the Committee on Civil Service
  and Pensions

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

AN  ACT to authorize the village of Cambridge, in the county of Washing-
  ton, to offer an optional twenty-five year retirement plan  to  police
  officers George G. Bell, Harold P. Spiezio III and Stephen E. Griffin,
  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 Cambridge, in the county of Washington,  a  participating
employer  in  the  New  York  state and local police and fire retirement
system; which previously elected to offer the optional twenty-five  year
retirement  plan,  established pursuant to section 384 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 George
G. Bell, Harold P. Spiezio III and Stephen E. Griffin, Jr., police offi-
cers employed by the village of Cambridge, who, for reasons not ascriba-
ble to their own  negligence,  failed  to  make  timely  application  to
participate  in  such  optional  twenty-five  year  retirement plan. The
village of Cambridge may so elect by filing with the state  comptroller,
on  or  before  December 31, 2009, a resolution of its board of trustees
together with certification that such police officers did not bar  them-
selves  from  participation in such retirement plan as a result of their
negligence. Thereafter, such police officers may elect to be covered  by
the provisions of section 384 of the retirement and social security law,
and  shall  be  entitled to the full rights and benefits associated with

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01276-02-9

              

S. 1800                             2                            A. 4811

coverage under such section, by filing a request to that effect with the
state comptroller on or before June 30, 2010.
  S 2. All employer costs associated with implementing the provisions of
this act shall be borne by the village of Cambridge.
  S 3. This act shall take effect immediately.
  FISCAL  NOTE.--This  bill will allow the Village of Cambridge to elect
to reopen the provisions of Section 384 of  the  Retirement  and  Social
Security  Law  for its police officers George G. Bell, Harold P. Spiezio
III, and Stephen E. Griffin, Jr.
  If this bill is  enacted  and  above  officers  become  covered  under
Section  384,  we  anticipate that there will be an increase of approxi-
mately $3,200 in the annual contributions of the  Village  of  Cambridge
for the fiscal year ending March 31, 2010.
  In addition to the annual contributions discussed above, there will be
an  immediate  past service cost of approximately $14,900 which would be
borne by the Village of Cambridge.
  This estimate, dated January 29,  2009,  and  intended  for  use  only
during  the  2009  Legislative  Session,  is  Fiscal  Note No. 2009-102,
prepared by the Actuary for the New York State and Local Police and Fire
Retirement System.