New York Codes, Rules and Regulations › Title 2 - DEPARTMENT OF AUDIT AND CONTROL › Chapter IV - Miscellaneous Rules › Part 150 - Service Award Programs For Volunteer Ambulance Workers › Section 150.7 - Prior service contributions

Current through Register Vol. 46, No. 28, July 10, 2024
(a) In the event that a service award program
				provides for prior service contributions, each ambulance company for which the
				program is adopted shall identify on the list prepared pursuant to subdivision
				(b) of section
				150.6  of this Part
				those participants who are entitled to one or more prior service contributions
				and the number of years for which each participant is entitled to such prior
				service contributions. Any participant who is denied a prior service
				contribution for one or more years may appeal to the governing board at the
				same time, in the same manner, and with like effect as provided in subdivision
				(d) of section
				150.6  of this
				Part. Except as provided in subdivision (b) of this section, prior service
				contributions shall be paid to the administrator in a single lump sum in the
				year in which a participant is determined to be entitled to the contribution,
				by remitting, together with any payment required by subdivision (e) of section
				150.6  of this
				Part, an amount equal to the sponsor's contribution on behalf of each
				participant credited with a year of ambulance service for the first year of the
				program times the number of years for which each participant is entitled to a
				prior service contribution indicated on the list.
(b) The governing board of the sponsor may
				elect to pay prior service contributions in five equal annual installments.
				Where such an election is made, the first annual installment shall be paid on
				or before May 1st of the year in which a participant is determined entitled to
				a prior service contribution. Each subsequent annual installment shall be paid
				on or before May 1st of each of the four years immediately succeeding the year
				in which the first installment is paid, together with interest at the rate
				determined pursuant to subdivision (c) of this section on the unpaid balance of
				the prior service contribution as of the date of such payment, provided,
				however, that in the event that the administrator notifies the sponsor that a
				participant has been determined eligible for a distribution of a service award
				prior to the payment of the fifth annual installment, the governing board of
				the sponsor shall cause payment to be made to the administrator of an
				unscheduled prior service contribution within 30 days of receiving such notice.
				The unscheduled prior service contribution shall equal the unpaid balance of
				the participant's prior service contribution plus interest at the rate
				determined pursuant to subdivision (c) of this section on such unpaid
				balance.
(c) On or before March
				31st of each year the administrator shall determine the rate of interest to be
				paid on the unpaid balance of prior service contributions. The rate of interest
				shall equal the rate of return on program assets during the preceding calendar
				year. The administrator shall notify sponsors of the rate of interest by
				inclusion in or enclosure with the report required by subdivision (a) of
				section
				150.12  of this
				Part.
(d) Notwithstanding the
				provisions of subdivisions (a) and (b) of this section, in the case of a
				service award program which was in effect at any time during calendar year 1994
				and which provides for prior service contributions, ambulance companies and the
				governing boards of sponsors shall comply with the following procedures:
(1) If the governing board of a sponsor has
				not approved a certified list of volunteer ambulance workers qualified for
				credit for a year of ambulance service rendered during 1994 which identifies
				those participants entitled to one or more prior service contributions in
				substantial compliance with the procedures referred to in subdivision (a) of
				this section, the list prepared pursuant to section
				150.6(g)(1)(i) 
				of this Part shall identify such participants and the number of years for which
				each participant is entitled to prior service contributions. A participant who
				is denied a prior service contribution for one or more years may appeal to the
				governing board of the sponsor at the same time, in the same manner, and with
				like effect as provided in section
				150.6(g)(1)(iii) 
				of this Part. The governing board shall comply with the payment requirement of
				subdivision (a) or (b) of this section at the time payment is made pursuant to
				section
				150.6(g)(1)(iv) 
				of this Part.
(2) If the governing
				board of a sponsor has approved a certified list of volunteer ambulance workers
				qualified for credit for a year of ambulance service rendered during 1994 which
				identifies those participants entitled to one or more prior service
				contributions in substantial compliance with the procedures referred to in
				subdivision (a) of this section, the governing board shall comply with the
				payment requirement of subdivision (a) or (b) of this section at the time
				payment is made pursuant to section
				150.6(g)(2) 
				of this Part.