Documents › Board Of Trustees, 2025-11-19

resolution 2 pages

Also attached to this agenda item: Croton VAW New DB

11/17/2025 RESOLUTION OF THE VILLAGE BOARD OF THE VILLAGE OF CROTON-ON-HUDSON PROPOSED VOLUNTEER AMBULANCE WORKER SERVICE AWARD PROGRAM FOR CROTON-ON-HUDSON EMS ---------------------------------- In the matter of establishing a Service Award Program for volunteer members of CROTON-ON-HUDSON EMS. --------------------------------- Whereas, a proposal has been made to establish a Service Award Program for the volunteer members of Croton-on-Hudson EMS. Now, Therefore, Be It Resolved That: Section 1 The Village Board of the Village of Croton-on-Hudson, as authorized by Article 11-AAA of the New York State General Municipal Law, in its capacity as the governing body of the Village of Croton- on-Hudson directs that there shall be a public referendum of eligible voters of the Village of Croton-on- Hudson on November 3, 2026, to be held at polling locations as determined and announced by the Westchester County Board of Elections, to determine whether such Service Award Program shall be established effective January 1, 2026. Section 2 The type of program shall be a Defined Benefit Plan as described in Article 11-AAA. Section 3 Under the proposed Defined Benefit Service Award Program, Croton-on-Hudson EMS volunteer members shall have the opportunity to earn pension-like and pre “Entitlement Age” death and disability benefits. The pension-like benefit shall be a lifetime monthly “Service Award” commencing to eligible participating volunteer members upon application, after attainment of age 60, the Entitlement Age. The monthly Service Award shall be equal to $30 ($360 per annum) for each year of Service Award Program service credit earned not in excess of forty (40) years. When a Participant dies after attaining vested status in the program but before monthly Service Awards have effectively commenced, a death benefit shall be payable to the Participant’s designated beneficiary (or estate if no beneficiary is designated). The death benefit shall be actuarially equivalent to the Participant’s earned Service Award and shall be based on his or her earned service credit at the time of death. When a Participant shall become totally and permanently disabled before Service Awards effectively commence, a disability benefit shall be payable. The disability benefit shall be actuarially equivalent to the Participant’s earned Service Award based on his or her earned service credit at the time of application for the disability benefit. Section 4 A year of Service Award Program service credit shall be earned by a volunteer member of Croton-on-Hudson EMS for each calendar year after 2026 during which the volunteer member earns at least 50 “points” for participating in volunteer ambulance worker activities under the rules set forth in the attached written Service Award Program “Point System”. Such Point System must be in accordance with Article 11- AAA of the New York State General Municipal Law. The Village of Croton-on-Hudson Village Board has the authority to change the Point System by Board resolution but may do so only if the changes comply with all governing rules, regulations and laws. Section 5 Should a Participant continue to be a volunteer member of Croton-on-Hudson EMS after attaining age 60 and having commenced receiving monthly Service Awards, he or she shall continue to have 11/17/2025 the opportunity to earn service credit under the Point System. The additional Service Awards earned during a calendar year after the calendar year of attainment of the Entitlement Age and after Service Awards have commenced, shall commence to be paid as of the January 1 in the next succeeding calendar year. Section 6 In accordance with Article 11-AAA of the General Municipal Law, the Village of Croton- on-Hudson shall be the Service Award Program “Sponsor” and the New York State Comptroller or his designee(s) shall be the administrator(s) and/or Trustee(s) of the Croton-on-Hudson EMS Volunteer Ambulance Worker Service Award Program. Section 7 The total 2026 annual cost, payable in 2027, of funding the Croton-on-Hudson EMS Volunteer Ambulance Worker Service Award Program benefits is estimated to be as much as $35,000 or about $2,700 per volunteer member, including the cost of administration. The estimated annual cost to administer the program for 2026 is about $2,750. Section 8 All provisions of the Croton-on-Hudson EMS Volunteer Ambulance Worker Service Award Program shall be in accordance with: Article 11-AAA of the General Municipal Law as amended from time to time; the applicable rules and regulations for Service Award Programs promulgated by the New York State Comptroller; and, with this resolution. The appropriate officers of the Village of Croton-on-Hudson are authorized to and shall take the necessary actions to carry out this resolution. Village Board Member__________________ moved, Village Board Member _________________ seconded, and the Village of Croton-on-Hudson Village Board voted as follows: YES NO Village Board Member _______________________ ____ ____ Village Board Member _______________________ ____ ____ Village Board Member _______________________ ____ ____ Village Board Member _______________________ ____ ____ Village Board Member _______________________ _____ ____