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PORTVILLE, NEW YORK
Be it enacted by the Town Board of the Town of Portville as follows:
A local law electing a retirement incentive program as authorized by Chapter 12, Laws of 1995,
for the eligible employees of the Town of Portville, BE IT ENACTED by the Town Board of the Town
of Portville as follows:
1. The Town of Portville hereby elects to provide all of its eligible employees with a retirement
incentive program authorized by Chapter 12, Laws of 1995.
2. The commencement date of the retirement incentive program shall be May 5, 1995.
3. The open period during which eligible employees may retire and receive the additional retirement
benefit shall be ninety (90) days in length.
4. That the employer will fund the Retirement Incentive Program provided by Chapter 12, Laws of
1995, by paying to the New York State and Local Employees' Retirement System in one (1)
payment, the amount of which shall be determined by the Retirement System Actuary, which
payment is due December 15, 1996.
5. This local law shall take effect immediately upon its filing with the Secretary of State which shall
be no later than May 5, 1995.
A local law to adopt the 1995 retirement incentive program
Local Law 1 1995:
April 24, 1995
Town Municipal Building
1102 Portville-Olean Rd
PO Box 630
Portville, NY 14770
(716) 933-6658 Office
(716) 933-7877 Fax
contact-us@portville-ny.org