Authorizes the county of Tompkins to offer an optional twenty year retirement plan to Kyle Davenport, a deputy sheriff employed by such county upon such officer's election to participate in such plan.
Summary
Bill A07825 authorizes Tompkins County to offer an optional twenty-year retirement plan to Kyle Davenport, a deputy sheriff who, due to circumstances beyond his control, failed to timely apply for participation in this plan upon his promotion. The bill allows for the retroactive crediting of his service under the twenty-year retirement plan, contingent upon the county's decision to assume the associated costs. Davenport must file a request to participate within eighteen months of the bill's enactment, and the county can choose to amortize the costs over five years.
Impact
The enactment of this bill will modify the retirement benefits available to Kyle Davenport by allowing him to opt into a more favorable retirement plan than he was initially able to access. This change will necessitate an increase in contributions from Tompkins County, estimated at approximately $11,000 annually, along with a one-time past service cost of about $92,100. The financial implications will affect the county's budget and retirement system funding, as they will need to account for these additional costs.
Sentiment
The sentiment surrounding Bill A07825 appears to be positive, as evidenced by unanimous support in committee votes, with no opposing votes recorded. The favorable outcomes in the Assembly Ways and Means and Rules Committees suggest that there is a consensus on the necessity and fairness of the bill, particularly in addressing the oversight affecting Davenport's retirement options.
Contention
While there are no recorded votes against the bill, potential points of contention could arise regarding the financial burden placed on Tompkins County and the implications for future retirement plan participants. Some may argue about the fairness of allowing an individual to retroactively access benefits that others may have applied for in a timely manner, though no specific opposition has been documented in the discussions or voting history.
Same As
Authorizes the county of Tompkins to offer an optional twenty year retirement plan to Kyle Davenport, a deputy sheriff employed by such county upon such officer's election to participate in such plan.
Authorizes the county of Tompkins to offer an optional twenty year retirement plan to Kyle Davenport, a deputy sheriff employed by such county upon such officer's election to participate in such plan.
Authorizes the county of Tompkins to offer an optional twenty year retirement plan to Bryan Jolly, a deputy sheriff employed by such county upon such officer's election to participate in such plan.
Authorizes the county of Tompkins to offer an optional twenty year retirement plan to Bryan Jolly, a deputy sheriff employed by such county upon such officer's election to participate in such plan.
Authorizes the county of Erie to offer an optional twenty year retirement plan to Nicholas Cervoni, Thomas Makin, and Sarah Murphy, deputy sheriffs employed by such county.