§ 216-c. State administration of service award programs. 1. On or\nbefore the fifteenth day of November, two thousand eight and of each\nsucceeding calendar year, the administrator shall determine the amount\nthat each participating program sponsor is required to pay for the\nstate-administered service award programs. The administrator shall\nsubmit to the fiscal officer of each political subdivision a statement\nof the amount so payable. Such amount shall consist of the amount deemed\nnecessary to provide for payment in full of all estimated obligations of\nthe current fiscal year of the fire service awards program and any\nadditional obligations, plus interest on such amount, for fiscal years\nproceeding the current fiscal year. If, as a result of the amount\ndetermined to be paid for any fiscal year, a participating program\nsponsor over-paid its actual obligation for that year, the amount to be\ndetermined by the administrator for the next succeeding November\nfifteenth shall reflect the amount of the over payment, plus interest,\nas a reduction in the amount otherwise required to be paid by such\nparticipant political subdivision.\n 2. State-administered service award programs may be centrally\nadministered by the state comptroller, or the comptroller may enter into\none or more of the following contracts:\n (a) a contract with an administrative service agency or financial\norganization to serve as program administrator and to perform all or any\nportion of the functions required to establish and administer such\nprograms including, but not limited to, preparation of a plan document,\nrecord keeping, reporting, payment of service awards, and having custody\nof program moneys and assets;\n (b) contracts with one or more financial organizations to invest\nprogram moneys; or\n (c) a contract with an actuary for the performance of all actuarial\ncalculations required by the program.\n If the comptroller contracts for the performance of any function as\nprovided in this subdivision, the comptroller shall be liable only for\nthe exercise of due care in the selection of the administrative service\nagency, financial organization or actuary performing the function.\n 3. The state comptroller shall promulgate rules and regulations, as\nappropriate, for the service award programs. Such rules shall include,\nbut not be limited to, standards for the selection of service providers,\nthe method and timing of the payments required to be made by the\nsponsor, reporting requirements, matters relating to the preparation of\na plan document, application procedures for transfer into the\nstate-administered program, and any other matter relating to the service\naward programs.\n 4. (a) The state comptroller, or an administrative service agency or\nfinancial organization serving as program administrator, shall prepare\nand may amend a single plan document setting forth the obligations of\nsponsors, the rights of the volunteer firefighters, and standards and\nprocedures for the administration of all state-administered service\naward programs. The plan document and any amendments thereto shall be\nconsistent with the provisions of this article, the rules and\nregulations promulgated by the comptroller and any amendments thereto.\nIf the plan document or any amendment thereto is prepared by an\nadministrative service agency or financial organization, it shall not\ntake effect until approved by the comptroller.\n (b) The program administrator shall cause a summary of the plan\ndocument to be provided to each participant within six months from the\ndate that program participation commences. The program administrator\nshall also cause a summary of any material amendment of the plan\ndocument to be provided to each participant within six months of the\ndate the amendment takes effect.\n (c) The plan document and the summary of the plan document shall be\nmade available for public inspection and copying.\n 5. All program assets shall be held
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.