NY Gen Mun L § 219-O (2021)
2021 New York Laws GMU - General Municipal Article 11-AAA - Defined Benefit Service Award Program for Volunteer Ambulance Workers 219-O - Funding.

§  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.