Authorizes the village of Trumansburg to offer a twenty-year retirement plan to Kevin R. Noterfonzo.
This bill authorizes the village of Trumansburg to offer an optional twenty-year retirement plan to Kevin R. Noterfonzo, a police officer currently covered under a different section of the Retirement and Social Security Law. The village can elect to assume the additional costs associated with this plan by filing with the state comptroller within one year of the act's effective date. The village will bear all past service costs as a one-time payment. The annual contributions will vary based on Noterfonzo's salary changes.
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