Authorizes the county of Rockland to offer an optional twenty year retirement plan to Matthew Donovan, a deputy sheriff employed by such county.
Impact
Should this bill pass, it would amend existing provisions under the New York State Retirement and Social Security Law, allowing the county to offer a conditional retirement option for deputy sheriffs. The fiscal note indicates that the county will incur both annual contributions and a one-time past service cost to cover the obligations tied to the new retirement options. For the fiscal year ending March 31, 2026, it anticipates an increase of around $14,000 in annual contributions, and additional past service costs will total approximately $174,000.
Summary
Bill A08610, introduced in the New York Assembly, seeks to authorize Rockland County to offer an optional twenty-year retirement plan specifically for Matthew Donovan, a deputy sheriff employed by the county. This bill is particularly significant as it establishes a provision that allows an individual who was previously not enrolled in the retirement plan due to circumstances beyond his control to opt-in for benefits retroactively. Such provisions cater to public employees, acknowledging situations where enrollment was missed through no fault of their own.
Contention
The primary contention surrounding A08610 revolves around the financial implications for Rockland County and the broader context of pension management for municipal employees. There may be discussions regarding the fairness of offering this option to a single individual versus the potential impact on the county's budgets and on pension systems more broadly. Some legislators may argue that providing unique retirement benefits creates precedent or puts additional strain on public resources, while supporters might argue it's a necessary corrective action for public servants who contribute to community safety.
Same As
Authorizes the county of Rockland to offer an optional twenty year retirement plan to Matthew Donovan, a deputy sheriff employed by such county.
Authorizes the county of Monroe to offer an optional twenty year retirement plan to Carl J. Zimmerman, a deputy sheriff employed by the county of Monroe.
Authorizes the county of Monroe to offer an optional twenty year retirement plan to Christopher R. Fay, a deputy sheriff employed by the county of Monroe.
Authorizes the county of Monroe to offer an optional twenty year retirement plan to Carl J. Zimmerman, a deputy sheriff employed by the county of Monroe.
Authorizes the county of Monroe to offer an optional twenty year retirement plan to Christopher R. Fay, a deputy sheriff employed by the county of Monroe.
Authorizes the county of Monroe to offer an optional twenty year retirement plan to Gregory M. Prokop, a deputy sheriff/investigator employed by the county of Monroe.
Authorizes the county of Monroe to offer an optional twenty year retirement plan to Gregory M. Prokop, a deputy sheriff/investigator employed by the county of Monroe.