Loading...
LL 07 Retirement Incentive Program NEW YORK STATE DEPARTMENT OF STATE Local Law Filing 162 WASHINGTON AVENUE, ALBANY, NY 12231 (Use this form to file a local law with the Secretary of State.) Text of law should be given as amended. Do not include matter being eliminated and do not use italics or underlining to indicate new matter. C9Q� of .........Queensbury................................................ . ............................... Town Vie Local Law No. .................................................... of the year 19 ........ A local law ...to„�tngnd„the,,,Code. of the Town of Queensbury by repealing existing Chapter 34 Thereof entitled, "RETIREMENT INCENTIVE 13ftdGl�AM" arid'i4j:i ing ib"'wii:h"9...fw Chapter 34 Entitled "1997 RETIREMENT INCENTIVE PROGRAM" Be It enacted by the ..............Queensbury Town Board ................................of the (Name of Legislative Body) C>BHH$}K C* of ............QueensburY...............................................................................................................as follows: Town Vid W SECTION 1 . The Code of the Town of Queensbury is hereby amended by repealing the existing Chapter 14 thereof, entitled "Retirement Incentive Program, " and replacing it with a new Chapter 34 entitled 111997 Retirement Incentive Program, " to read as follows: 534-1 . Title. This Chapter shall be titled, 111997 Retirement Incentive Program. " 534-2 . StatutorV Authority. The authority for this Chapter is Section 10 of the Municipal Home Rule Law and Chapter 41, Laws of 1997 of the New York State and Local Retirement System. §34-3 . Legislative History and Purpose. The New York State and Local Retirement Systems, pursuant to Chapter 41 of the Laws of 1997, made available a Retirement Incentive Program to local governments, public authorities and community colleges . This legislation permits employers that participate in the New York State and Local Employees ' Retirement (If additional space is needed, attach pages the same size as this sheet, and number each.) (1) DOS•239 (Rev. 7/90) System to provide special retirement incentive benefits to their regular retirement plan members who are at least age 50 with ten years of service credit, or at least age 70 with at least five years service credit (not including incentive credit) . Eligible employees participating in a special twenty-five year plan providing for retirement without regard to age are eligible to participate in the incentive program if they have earned twenty- five (25) years of service credit (including incentive service) necessary to retire prior to their effective date of retirement. Certain employees covered under Section 89-a, Section 89-b and Section 89-d may also be eligible for the incentive program. 534-4 . Enactment. The Town Board of the Town of Queensbury hereby elects to provide the retirement incentive program authorized by Chapter 41, Laws of 1997 to those employees deemed eligible by the Town Board. 534-5 . Commencement Date. The commencement date of the retirement incentive program shall be December 1, 1997 . 534-6 . Open Period. The open period during which eligible employees may retire and receive the additional retirement benefit, shall be thirty-one (31) days in length commencing on December 1, 1997 . 534-7. Value and Payment of Additional Retirement Benefits . The actuarial present value of the additional retirement benefits payable pursuant to the provisions of this Local Law shall be paid as one ( 1) lump sum or in five (5) annual installments . The amount of the annual payment shall be determined by the Actuary (2) of the New York State and Local Employees ' Retirement System and it shall be paid by the Town of Queensbury for each employee who receives the retirement benefits payable under this Local Law. SECTION 2 . Severability. In the event that any provision of this law should be deemed invalid or illegal by a court of law, the remaining portions of the law shall be read to the extent possible, as if said provision was stricken therefrom and not a part thereof. SECTION 3 . Effective Date. This Local Law shall take effect upon proper filing initially with the New York State Secretary of State and subsequently with the New York State and Local Retirement System (in accordance with the terms and provisions of the Municipal Home Rule Law of the State of New York) . (3 (Complete the certification in the paragraph that applies to the filing of this local law-and strike out that which is not applicable.) 1. (Final adoption by local legislative body only.) I hereby certify that the local law annexed hereto, designated as local law No. 7 of 19 97 of the (Camty)(Gaty)(Town)("Vifiage) of Queensbury was duly passed by the Oueensbury Town Board on 8-18— 19 97, in accordance with the applicable provisions of law• (Name of Legislative body) 2. (Passage by local legislative body with approval, no disapproval or repassage after disapproval by the Elective Chief Executive Officer'.) I hereby certify that the local law annexed hereto, designated as local law No. of 19 of the (County)(City)(Town)(Village) of was duly passed by the Name of Legislative on 19 and was (approved)(not disapproved)(repassed after o y disapproval) by the and was deemed duly adopted on 19 ective Chief xecutive Officer - in accordance with the applicable provisions of'law. 3. (Final adoption by referendum.) I hereby certify.that the local law annexed hereto, designated as local law No. of 19 of the (County)(City)(Town)(Village) of was duly passed by the on 19_, and was (approved)(not disapproved)(repassed after Name of Legislative Body disapproval) by the on 19 Such local law was Elective Chief Executive-Officer submitted to the people by reason of a (mandatory)(permissive) referendum, and received the affirmative vote of a majority of the qualified electors voting thereon at the (general)(special)(annual) election held on 19_, in accordance with the applicable provisions of law. 4. (Subject to permissive referendum and final adoption because no valid petition was filed requesting referndum.) I hereby certify that the local law annexed hereto, designated as local law No. of 19 of the (County)(City)(Town)(Village) of was duly passed by the Name of Legislative Body on 19_, and was (approved)(not disapproved)(repassed after disapproval) by the on 19 Such local law was subject to Elective Chief Executive Officer' permissive referendum and no valid petition requesting such referendum was filed as of 19 in accordance with the applicable provisions of law. 'Elective Chief Executive Officer means or includes the chief executive officer of a county elected on a :,,,:aty-wide basis or, if there be none, the chairman of the county legislative body, the mayor of a city or village, or the supervisor of a town where such officer is vested with the power to approve or veto local laws or ordinances. S. (City local law concerning Charter reyision proposed by petition.) 1 hereby certify that the local law annexed hereto,designated as local law No. ........ of l9........ of the City of ................................. having been submitted to referendum pursuant to the provisions of 137 of the Municipal Home Rule Law, and having received the affirmative vote of a ma'orit of the qualified electors of such cif voting thereon at the general election held on ............ 1 Y 9 Y 8 general ............19.........became operative. 6. (County local law concerning adoption of Charter.) I hereby certify that the local law annexed hereto,designated as local law No. ........ of 19......... of the County of ......................State of New York,having been submitted to the Electors at the General Election of November .............19.......pursuant to subdivisions S and 7 of section 33 of the Municipal Home Rule Law,and having received the affirmative vote of a majority of the qualified electors of the cities of said county as a unit and of a majority of the qualified electors of the towns of said county considered as a unit voting at said general election,became operative. (If any other authorized form of final adoption has been followed,please provide an appropriate certifica- tion.) 1 further certify that 1 have compared the preceding local law with the original on file in this office and that the same is a correct transcript therefrom and of the whole of such original local law, and was finally adopted in the manner indicated in paragraph.............above. Clerk of the County legislative body,City,Town or Vitt Clerk or officer designated by local legislative body Date: 8-1f-97 (Seal) (Certification to be executed by County Attorney,Corporation Counsel,Town Attorney,Village Attorney or other authorized Attorney of locality.) STATE OF NEW YORK COUNTY OF.......... ARREN......,.... 1, the undersigned, hereby certify that the foreg g I aw con in jhecorect text and that all proper proceedings have been had or taken for the enact e t ocal la a xeto. ....... ........ .. .. ... ............. signature MARK SCHACHNER TOWN COUNS...EL .. ............................. Title Date: ALA iq 199� Ci of ..q >~ $�`?V.. �1 Town VMM Cs � • STATE OF NEW YORK DEPARTMENT OF STATE g ALBANY, NY 12231-0001 ALEXANDER F. TREADWELL SECRETARY OF STATE LOCAL LAW REJECTION NOTICE August 26, 1997 Local Law(s) No. : 7 Year: 1997 Municipality: Town of Queensbury The above-referenced materials are being returned for the following reason(s) : Local laws must be filed in numerical order. To date, there is no record of local law No. 6 of 1997 having been filed; therefore, we are unable to file the enclosed law at this time. sincerely, ice G. D> fee Principal File Clerk Bureau of State Records (518) 474-2755 tJ printed on recycled paper � al STATE OF NEW YORK DEPARTMENT OF STATE ALBANY, NY 12231-0001 ALEXANDER F. TREADWELL SECRETARY OF STATE September 9, 1997 DARLEEN M DOUGHER TOWN OFFICE BLDG. 742 BAY ROAD QUEENSBURY, NY 12804 RE: Town of Queensbury, Local Law 7, 1997, filed 09/03/97 The above referenced material was received and filed by this office as indicated. Additional local law filing forms will be forwarded upon request. Sincerely, Janice G. Durfee Principal File Clerk Bureau of State Records (518) 474-2755 JGD:ml co printed on recycled paper Receipt for Certified Mail No Insurance Coverage Provided �.� Do not use for International Mail {See Reverse} S t ro t o� y Postage Irl 7 certttred Fee Q Spec+a�Doivery Fe, to Q. Restricted Deiwery Fee Retum Recerpt Show,ng to Whom&Date Delivered Return Recerpt Showmg to Whom, Date,and Addressee's Address TOTAL Postage &Fees ! Postmark or gate Z 227 622 818/," Receipt for Certified Mail �t No Insurance Coverage Provided TED sums Do not use for International Mail ,tLL SEVVICE (See Reverse) t to S reel and No - 1 P State and DP Co Hostage $ ✓ CsrLhed Fee �� O 1 �- Special Deuvery Fee Cn a Reslymed Delivery Fee Return Receipt Showing ,,^^ to Whom&Date Delivered J n V Return Receipt Showing to Whom, Date,and Addressee's Address TOTAL Postage &Fees i D Postmark or Date