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In the latest issue of The Volunteer Firefighter, the official publication of the Firemen’s Association of the State of New York, there was an article by FASNY General Counsel Timothy Hannigan about junior firefighters. You can read the article here: FASNY ARTICLE Mr. Hannigan extensively covers the risks and rewards of having a restricted member firefighter program.…
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This post concludes our look at the Government Accounting Standards Board (GASB) and how it has impact the reporting of LOSAP on governmental financial statements. First, we outlined just what the GASB is, and how the Office of the State Comptroller plays a roll in this, and just how the finances of LOSAP work in…
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Today we will take a closer look at GASB Statement 84. For the first two parts of this look at GASB & LOSAP, click here. Here is what you need to know about GASB Statement 84:
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Governor Hochul has signed bill S1210 / A6401 as Chapter 462 of the laws of 2021. Essentially, this new section of the General Municipal Law (GML) allows a LOSAP sponsor to adjust the department responses category of its point system to recognize that some groups of volunteers may be restricted from responding to certain types…
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There are currently two GASB pronouncements that have a significant bearing on the reporting of LOSAP on the municipal sponsors financial statements. In this second part of our look at GASB and LOSAP, we’ll highlight GASB Statement 73. Notes about GASB Statement 73: Next we will highlight GASB Statement 84.
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Here in New York, the implementation of GASB Statement No. 84 has created some confusion! We thought it might be helpful to unpack the relationship between LOSAP and the GASB over a series of articles. We’ve consolidated this information into a newsletter – if you would like a copy, please contact our office. Since the…
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Today, August 20, 2021, Governor Cuomo signed bill S1091a / A2239a into law. Chapter 400 of the Laws of 2021 extend the maximum years of service credit that can be earned in a volunteer firefighter LOSAP from 40 years to 50 years. The bill amends both Section 218 (defined contribution plans) and Section 219 (defined benefit…
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Yesterday, Monday August 9th, bill A2239a was delivered to the Governor. This bill would extend the maximum years of service credit that can be earned in a volunteer firefighter service award program from 40 to 50 years. Therefore, this also extends the number of years in which a participating firefighter can accrue benefits by another…
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On June 24, 2021, Governor Cuomo signed Executive Order 210, which stated in part: WHEREAS, it has been determined that Executive Orders 202 through 202.111 and Executive Orders 205 through 205.3 are no longer necessary.NOW, THEREFORE, I, ANDREW M. CUOMO, Governor of the State of New York, by virtue of the authority vested in me by the…
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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…