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The New York State Legislature passed another bill on June 3, 2021 that would amend Article 11-A of the New York State General Municipal Law, provided the bill is signed into law by Governor Cuomo. This bill is S1210 / A6401 and was first introduced in 2020 during the COVID-19 pandemic. A second bill was…
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We were asked if a person on a leave of absence from the fire department can earn points for attending online meetings and trainings. First, we cannot give legal advice, and this post is not intended to be legal advice. If you have a similar question and this blog post is helpful, we suggest sharing…
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In researching an issue this week, we stumbled across an article titled, The Anatomy of a Lump-Sum Conversion, written by Corey Swarner, CPC, MBA of Milliman. In various posts, we’ve attempted to provide readers with an understanding of actuarial math including the time-value of money, and actuarial concepts such as life expectancy. But we think Corey…