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.
Summary
Bill A06300 authorizes the county of Monroe to offer an optional twenty-year retirement plan to Carl J. Zimmerman, a sergeant employed by the county. This legislation allows Zimmerman, who began his employment on October 29, 1990, to participate in the retirement plan despite missing the original application deadline due to circumstances beyond his control. The county must file a resolution with the state comptroller within 180 days of the bill's enactment to allow Zimmerman's participation, which would enable him to receive retirement benefits under sections 552 and 553 of the Retirement and Social Security Law.
Impact
The bill will have a financial impact on Monroe County, which will incur an immediate past service cost of approximately $120,000, along with an annual increase of about $13,000 in contributions for the fiscal year ending March 31, 2026. These costs may vary in subsequent years based on changes in billing rates and Zimmerman's salary. The county has the option to amortize the past service cost over a five-year period, which would result in annual payments of approximately $26,800 including interest.
Sentiment
The sentiment surrounding Bill A06300 appears to be overwhelmingly positive, as evidenced by the unanimous support in committee votes and the final passage in both the Assembly and Senate. The bill received favorable recommendations from multiple committees, indicating strong bipartisan support for the measure.
Contention
There are no notable points of contention regarding Bill A06300, as it has passed through all legislative stages without opposition. The unanimous votes suggest that there are no significant concerns among lawmakers about the implications of the bill or its financial impact on Monroe County.
Same As
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.