[Adopted 8-21-2000 by L.L. No. 4-2000]
[Amended 6-24-2002 by L.L. No. 5-2002]
A. The Incorporated Village of Freeport hereby elects to
provide all its eligible employees with a retirement incentive program authorized
by Chapter 69 of the New York Laws of 2002.
B. The commencement date of the retirement incentive program
shall be September 20, 2002. The open period, during which eligible employees
may retire and receive the additional retirement benefit, shall be 90 days
in length and shall end on December 18, 2002.
C. Employees (or officers) who satisfy the requirements
of Chapter 69 and who hold a title, to be determined by the Mayor, shall be
eligible to elect to receive the retirement incentive.