BILL NUMBER: S8219
SPONSOR: WEBB
 
TITLE OF BILL:
An act in relation to authorizing Mackenzie M. Covert to receive certain
service credit under a twenty year retirement plan
 
PURPOSE OR GENERAL IDEA OF BILL:
to restore Mackenzie M. Covert, an employee of the Village of Trumans-
burg, to the appropriate retirement plan
 
SUMMARY OF PROVISIONS:
Sec. 1- allows the Village of Trumansburg to reopen the provisions of
section 384-d of the Retirement and Social Security Law (RSSL) for
police officer Mackenzie M. Covert, who is currently covered under
section 375-i of the RSSL;
Sec. 2 - provides that all costs will be borne by the Village of
Trumansburg;
Sec. 3 - effective date.
 
JUSTIFICATION:
The Village of Trumansburg opted into the NYSLRS 384-d Retirement Plan
in 2019 for officers of the Trumansburg Police Department (TPD). Mack-
enzie M. Covert, an officer of the TPD, has nevertheless not been
included as a member in 384-d. The Village has been unsuccessful in its
attempts to seek administrative relief. Legislation is the only remain-
ing means to move this officer into the correct NYSLRS Retirement Plan.
 
PRIOR LEGISLATIVE HISTORY:
new bill
 
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
This bill will require an increase of approximately $10,000 in the annu-
al contributions of the Village of Trumansburg for the fiscal year
ending March 31, 2026. In future years this cost will vary as the bill-
ing rates and salary of Mackenzie M. Covert change. In addition, there
will be an immediate past service cost of approximately $139,000 which
will be borne by the Village of Trumansburg as a one-time payment.
 
EFFECTIVE DATE:
immediately