Village of Hempstead, NY
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2023-06-20
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Part I: Administrative Legislation
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Chapter 24 Officers and Employees
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Article IX Retirement Incentive Program
- Part I: Administrative Legislation
- Ch 1 General Provisions
- Ch 4 City Charter Commission
- Ch 5 Appearance Tickets
- Ch 6 Personal Wireless Services Facilities Review Board
- Ch 7 Codes Review Board
- Ch 8 Planning Board
- Ch 9 Ethics, Code of
- Ch 9A Flood Damage Prevention
- Ch 9B Electric Supply
- Ch 9C Natural Gas Supply
- Ch 9D Illicit Discharges, Activities and Connections to Storm Sewers
- Ch 9E Stormwater Management and Erosion and Sediment Control
- Ch 10 Harassment, Sexual
- Ch 11 Living Wage
- Ch 13 Human Relations Council
- Ch 13A Human Resources
- Ch 14 (Reserved)
- Ch 17 Lien Satisfaction From Fire Insurance Proceeds
- Ch 19 Local Laws, Adoption of
- Ch 24 Officers and Employees
- Ch 24 Art IX Retirement Incentive Program
- § 24-22 Program requirements.
- Ch 25 Library Board
- Ch 28 Police
- Ch 30 Publicity Fund
- Ch 31 Purchasing
- Ch 32 Records, Public Access to
- Ch 33 Refuse and Disposal District
- Ch 36 Traffic Safety Board
- Ch 37 Traffic Violations Bureau
- Ch 39 Village Liability and Employee Indemnification
- Ch 42 (Reserved)
- Ch 44 (Reserved)
- Part II: General Legislation
- Ch 46 Bicycles
- Ch 48 Boardinghouses and Rooming Houses
- Ch 49 Consulting Services
- Ch 50 Building Construction Administration
- Ch 51 Buildings and Structures, Dangerous
- Ch 52 Building Occupancy
- Ch 54 Cooperative Home Ownership
- Ch 57 Dogs and Other Animals
- Ch 60 Electrical Standards
- Ch 62 Environmental Quality Review
- Ch 65 Fire Prevention and Protection
- Ch 68 Food-Handling Establishments
- Ch 71 Garage Sales
- Ch 74 Health and Sanitation; Garbage and Littering
- Ch 78 Housing and Property Maintenance
- Ch 78A Defaulted Mortgage and Vacant Property, Registration of
- Ch 82 Junk Dealers
- Ch 86 Licensing and Business Regulations
- Ch 92 Parking Field Businesses
- Ch 95 Peace and Good Order
- Ch 97 Peddlers and Solicitors
- Ch 100 Plumbing
- Ch 103 Public Assemblies; Cabarets
- Ch 106 Rental Registration
- Ch 109 Secondhand Dealers
- Ch 111 Shopping Carts
- Ch 113 Signs
- Ch 116 Streets and Sidewalks
- Ch 119 Taxation
- Ch 121 For-Hire-Vehicle Service
- Ch 123 Telephones, Public Pay
- Ch 124 Theaters
- Ch 127 Towing Service
- Ch 131 Vehicles and Traffic
- Ch 134 Waste Material
- Ch 135 Water
- Ch 136 Water Conservation
- Ch 139 Zoning
- Ch 140 Cannabis
- Disposition List
- Ch DL Disposition List
[Adopted 12-17-1985 by L.L. No. 4-1985]
A.
The Board of Trustees of the Incorporated Village
of Hempstead, New York, hereby elects to provide all its eligible
employees with a retirement incentive program authorized by Chapter
665, Laws of 1984.
B.
The commencement date of the retirement incentive
program shall be June 1, 1986.
C.
The open period, during which eligible employees may
retire and receive the additional retirement benefit, shall be 90
days in length.
D.
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 Employees' Retirement System, and it shall be paid
by the Incorporated Village of Hempstead, New York, for each employee
who received the retirement benefits payable under this article.
