Authorizes Scott Hoag to receive certain credit under section 384-d of the retirement and social security law

Scott Hoag gains retirement credit; Rome pays

This law lets Rome police officer Scott Hoag receive full Rome service credit under the special 20-year retirement plan. That replaces credit under the general retirement plan, provided he missed the application deadline through no fault of his own. The law takes effect immediately. Within six months, Rome must file its local legislature’s resolution accepting the added cost with the State Comptroller. Rome must also certify that Hoag’s own negligence did not prevent his participation. Hoag must request coverage from the State Comptroller within six months after Rome’s resolution takes effect. Rome pays all employer past-service costs and can spread them over 10 years. The fiscal note estimates a $329,000 past-service cost and $13,000 in added annual contributions for the year ending March 31, 2026. With 10-year payments, the first-year past-service payment, including interest, is estimated at $42,000. These estimates can change; later costs depend on salary and billing rates. The law does not state Hoag’s retirement benefit amount.