Authorizes specific police officers in Southold, Suffolk County, to receive service credit under a retirement plan.
The bill authorizes the town of Southold in Suffolk County to offer a twenty-year retirement plan to specific police officers who were previously enrolled in a different retirement plan. The officers must not have barred themselves from participation due to negligence. The town can elect to cover these officers by filing a resolution with the state comptroller. Costs associated with this change will be borne by the town of Southold and can be amortized over five years.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.