Village of Tarrytown, NY
Westchester County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the Board of Trustees of the Village of Tarrytown as indicated in article histories. Amendments noted where applicable.]
[Adopted 9-21-1992 by L.L. No. 15-1992]
The Village of Tarrytown hereby elects to provide all its eligible employees with a retirement incentive program authorized by Chapter 643 of the Laws of 1992.
The commencement date of the retirement incentive program shall be November 1, 1992.
The open period during which eligible employees may retire and receive the additional retirement benefit shall be 61 days.
The actuarial present value of the additional retirement benefits payable pursuant to the provisions of this article shall be funded over a five-year period. The amount of the annual payment in each of the five years shall be determined by the Actuary of the New York State and Local Employee's Retirement System and it shall be paid by the Village of Tarrytown for each employee who receives the retirement benefits payable under this article.
[Adopted 8-16-2010 by L.L. No. 8-2010]
The Village of Tarrytown hereby elects to provide employees in targeted positions with a retirement incentive program authorized by the State of New York in Chapter 105 of the Laws of 2010.
Pursuant to Part A of the retirement incentive program, the following positions shall be targeted and specific employees in the positions, who qualify pursuant to the requirements of the law creating the retirement incentive program, shall be offered the incentive:
A. 
Maintenance Mechanic Utility, Department of Public Works.
B. 
Principal Clerk, Library.
C. 
Road Maintenance Foreman, Department of Public Works.
D. 
Skilled Laborer, Department of Public Works.
E. 
Senior Account Clerk-Typist, Treasurer's office.
The commencement date of the retirement incentive program shall be November 1, 2010.
The open period during which eligible employees may retire and receive the additional retirement benefit shall be 61 days.
The additional retirement benefits payable pursuant to the provisions of this article shall be funded over a five-year period.