BILL NUMBER: S6692
SPONSOR: COONEY
 
TITLE OF BILL:
An act to authorize the county of Monroe to offer an optional twenty
year retirement plan to Carl J. Zimmerman, a sergeant employed by such
county
 
PURPOSE:
The purpose of this bill is to allow the county of Monroe to offer an
optional twenty-year retirement plan to Carl J. Zimmerman.
 
SUMMARY OF PROVISIONS:
Section one authorizes Monroe County to make participation in the
optional twenty-year retirement plan as established by section 552 and
553 of the retirement and social security law.
Section two specifies that all costs associated with this act shall be
borne by Monroe County.
Section three sets the effective date.
 
JUSTIFICATION:
Sargent Carl J. Zimmerman began when he was hired into the jail on Octo-
ber 29, 1990. On May 25, 1998 he was transferred to the Road Patrol
Division. For reasons not ascribable to his own negligence, he should
have been placed into Article 14B Section 553, but retirement was never
transferred over from the jail retirement. It was not until much later
that he understood that he was still in the jail retirement system. At
that time, he was told it was not possible to switch over to his correct
retirement system. Sargent Zimmerman was denied credit time for his
service. This bill allows Sargent Zimmerman the option to join this
retirement plan to rectify this error.
 
LEGISLATIVE HISTORY:
2024: S9881 - Referred to Rules
 
FISCAL IMPLICATIONS:
If this bill is enacted during the 2025 Legislative Session, we antic-
ipate that there will be an increase of approximately $13,000 in the
annual contributions of Monroe County for the fiscal year ending March
31, 2026. In future years this cost will vary as the billing rates and
salary of Carl J. Zimmerman change. In addition to the annual contrib-
utions discussed above, there will be an immediate past service cost of
approximately $120,000 which will be borne by Monroe County as a onetime
payment. This estimate assumes that payment will be made on February 1,
2026. If Monroe County elects to amortize this cost over a five-year
period, the cost for each year including interest would be $26,800.
 
EFFECTIVE DATE:
This act shall take effect immediately.