State Codes and Statutes

Statutes > New-york > Gmu > Article-11-aaa > 219-o

§  219-o.  Funding.  1. The cost of a service award program including,  but not limited to, amounts necessary to fund benefits and  to  pay  for  all  necessary  administrative  services,  shall be a charge against the  sponsor. The governing board of the sponsor annually  shall  appropriate  and pay to the administrator an amount sufficient to pay the cost of the  program.  The  cost  of  the program shall be determined annually by the  program actuary designated by the comptroller. The program actuary shall  select  the  interest  rate,  mortality  tables  and  other  appropriate  assumptions  and  methods to determine the cost of the program. The cost  of the program, if any, attributable to (a) years of  ambulance  service  rendered during the five years immediately preceding the adoption of the  program  or  (b)  the  conversion of the program pursuant to section two  hundred nineteen-i of this chapter, shall be paid over a period  not  to  exceed   five   years.   The  comptroller  shall  promulgate  rules  and  regulations prescribing the time and manner of payment of  the  cost  of  the program.    2.  (a)  Before  or  after  a service award program is adopted for the  volunteer ambulance workers of an ambulance company which  contracts  to  provide  service  to  one  or more political subdivisions other than the  prospective or actual sponsor of the program, the  governing  boards  of  the  sponsor  and  one  or more of such other political subdivisions may  enter into agreements to apportion  the  cost  of  the  program  in  any  equitable   manner   between   the  sponsor  and  such  other  political  subdivisions.    (b) No such agreement shall be entered into by a political subdivision  other than the sponsor unless a resolution authorizing the agreement  is  approved  by  the  affirmative  vote  of  at  least sixty percent of the  governing  board  of  the  political  subdivision  and   a   proposition  authorizing  the  agreement  or amendment is approved at a referendum of  the electors of the political subdivision.    (c) The proposition authorizing the agreement or  amendment  shall  be  submitted  to  referendum  not  less  than thirty days and not more than  ninety days after the governing board votes to authorize  the  agreement  or amendment. Notice of the referendum shall be published at least once,  not  less than fourteen days prior to the date of the referendum, in the  official newspaper of the political subdivision  or,  if  the  political  subdivision  does  not  have  an  official  newspaper,  in  one  or more  newspapers having general circulation in the political subdivision.    (d) Any such  agreement  shall  remain  in  effect  until  amended  or  terminated  by  resolution and submission of a proposition to referendum  as provided in paragraphs (b) and (c) of this subdivision, but shall  be  suspended with respect to any such political subdivision which ceases to  contract  with  the ambulance company or in the event the sponsor ceases  to contract with the ambulance company.    (e) The amount to be paid by a political subdivision  under  any  such  contract  shall  be a charge against the political subdivision and shall  be paid to the sponsor. The governing board of the sponsor  shall  apply  the  amount  received  under any such contract to reduce the amount that  would otherwise be raised for the program from the sponsor.

State Codes and Statutes

Statutes > New-york > Gmu > Article-11-aaa > 219-o

§  219-o.  Funding.  1. The cost of a service award program including,  but not limited to, amounts necessary to fund benefits and  to  pay  for  all  necessary  administrative  services,  shall be a charge against the  sponsor. The governing board of the sponsor annually  shall  appropriate  and pay to the administrator an amount sufficient to pay the cost of the  program.  The  cost  of  the program shall be determined annually by the  program actuary designated by the comptroller. The program actuary shall  select  the  interest  rate,  mortality  tables  and  other  appropriate  assumptions  and  methods to determine the cost of the program. The cost  of the program, if any, attributable to (a) years of  ambulance  service  rendered during the five years immediately preceding the adoption of the  program  or  (b)  the  conversion of the program pursuant to section two  hundred nineteen-i of this chapter, shall be paid over a period  not  to  exceed   five   years.   The  comptroller  shall  promulgate  rules  and  regulations prescribing the time and manner of payment of  the  cost  of  the program.    2.  (a)  Before  or  after  a service award program is adopted for the  volunteer ambulance workers of an ambulance company which  contracts  to  provide  service  to  one  or more political subdivisions other than the  prospective or actual sponsor of the program, the  governing  boards  of  the  sponsor  and  one  or more of such other political subdivisions may  enter into agreements to apportion  the  cost  of  the  program  in  any  equitable   manner   between   the  sponsor  and  such  other  political  subdivisions.    (b) No such agreement shall be entered into by a political subdivision  other than the sponsor unless a resolution authorizing the agreement  is  approved  by  the  affirmative  vote  of  at  least sixty percent of the  governing  board  of  the  political  subdivision  and   a   proposition  authorizing  the  agreement  or amendment is approved at a referendum of  the electors of the political subdivision.    (c) The proposition authorizing the agreement or  amendment  shall  be  submitted  to  referendum  not  less  than thirty days and not more than  ninety days after the governing board votes to authorize  the  agreement  or amendment. Notice of the referendum shall be published at least once,  not  less than fourteen days prior to the date of the referendum, in the  official newspaper of the political subdivision  or,  if  the  political  subdivision  does  not  have  an  official  newspaper,  in  one  or more  newspapers having general circulation in the political subdivision.    (d) Any such  agreement  shall  remain  in  effect  until  amended  or  terminated  by  resolution and submission of a proposition to referendum  as provided in paragraphs (b) and (c) of this subdivision, but shall  be  suspended with respect to any such political subdivision which ceases to  contract  with  the ambulance company or in the event the sponsor ceases  to contract with the ambulance company.    (e) The amount to be paid by a political subdivision  under  any  such  contract  shall  be a charge against the political subdivision and shall  be paid to the sponsor. The governing board of the sponsor  shall  apply  the  amount  received  under any such contract to reduce the amount that  would otherwise be raised for the program from the sponsor.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Gmu > Article-11-aaa > 219-o

§  219-o.  Funding.  1. The cost of a service award program including,  but not limited to, amounts necessary to fund benefits and  to  pay  for  all  necessary  administrative  services,  shall be a charge against the  sponsor. The governing board of the sponsor annually  shall  appropriate  and pay to the administrator an amount sufficient to pay the cost of the  program.  The  cost  of  the program shall be determined annually by the  program actuary designated by the comptroller. The program actuary shall  select  the  interest  rate,  mortality  tables  and  other  appropriate  assumptions  and  methods to determine the cost of the program. The cost  of the program, if any, attributable to (a) years of  ambulance  service  rendered during the five years immediately preceding the adoption of the  program  or  (b)  the  conversion of the program pursuant to section two  hundred nineteen-i of this chapter, shall be paid over a period  not  to  exceed   five   years.   The  comptroller  shall  promulgate  rules  and  regulations prescribing the time and manner of payment of  the  cost  of  the program.    2.  (a)  Before  or  after  a service award program is adopted for the  volunteer ambulance workers of an ambulance company which  contracts  to  provide  service  to  one  or more political subdivisions other than the  prospective or actual sponsor of the program, the  governing  boards  of  the  sponsor  and  one  or more of such other political subdivisions may  enter into agreements to apportion  the  cost  of  the  program  in  any  equitable   manner   between   the  sponsor  and  such  other  political  subdivisions.    (b) No such agreement shall be entered into by a political subdivision  other than the sponsor unless a resolution authorizing the agreement  is  approved  by  the  affirmative  vote  of  at  least sixty percent of the  governing  board  of  the  political  subdivision  and   a   proposition  authorizing  the  agreement  or amendment is approved at a referendum of  the electors of the political subdivision.    (c) The proposition authorizing the agreement or  amendment  shall  be  submitted  to  referendum  not  less  than thirty days and not more than  ninety days after the governing board votes to authorize  the  agreement  or amendment. Notice of the referendum shall be published at least once,  not  less than fourteen days prior to the date of the referendum, in the  official newspaper of the political subdivision  or,  if  the  political  subdivision  does  not  have  an  official  newspaper,  in  one  or more  newspapers having general circulation in the political subdivision.    (d) Any such  agreement  shall  remain  in  effect  until  amended  or  terminated  by  resolution and submission of a proposition to referendum  as provided in paragraphs (b) and (c) of this subdivision, but shall  be  suspended with respect to any such political subdivision which ceases to  contract  with  the ambulance company or in the event the sponsor ceases  to contract with the ambulance company.    (e) The amount to be paid by a political subdivision  under  any  such  contract  shall  be a charge against the political subdivision and shall  be paid to the sponsor. The governing board of the sponsor  shall  apply  the  amount  received  under any such contract to reduce the amount that  would otherwise be raised for the program from the sponsor.