S T A T E   O F   N E W   Y O R K
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                                  6813

                            I N  S E N A T E

                            February 9, 2010
                               ___________

Introduced  by  Sen.  LIBOUS -- 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 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
              

S. 6813                             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 Office/a 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  11" 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  2.010  Legislative  Session,  is  Fiscal  Note No. 2010-90,
prepared by the Actuary for the New York State and Local Police and Fire
Retirement System.