Yonkers, NY, July 1, 2010 — The Yonkers City Council this afternoon conducted a Special Meeting over a New York State approved Retirement Incentive Program Option.Yonkers Finance Commissioner James LaPerche explained that the retirement option, known as Option A, upon adoption, would allow personnel of 50 years of age and up, with a minimum of 10 years of service, should they opt to participate in the program, would be eligible to accept the package of 1 credit per year with a maximum credit of 3 years. Not having received the paperwork on the program, I do not know what a credit is equivalent to in dollars
Commissioner laPerche further explained that of the 136 estimated personnel eligible, past actuarial results regarding similar programs have about 30 percent of those eligible taking such retirement incentive programs. If that still holds true, one can expect 41 likely to take advantage of the program. The corollary to this action, when approved, demands a savings by the city of $1.6 million per year.
Commissioner LaPerche said he believes of those personnel who received their termination papers, 8 qualify to accept the program.
It was learned by the Yonkers Tribune today that Daisy Colon, who had been notified of her position being terminated has instead been kept on.
The resolution was unanimously adopted by the sitting Yonkers Yonkers City Council members. Only minority Leader John Murtagh was absent. Councilman Murtagh had departed with his family to a destination unknown on Wednesday. Mr. Murtagh’s conduct is evidently oblivious to whether the resolution that he knew was a necessary lifeline for those who would consider the program, as well as permit some who had been terminated to stay on, demanded his vote. Mr. Murtagh recoled from his responsibility to Yonkersites and he has soiled himself in the process.
At issue now is if he should ever become Mayor of Yonkers if he will depart on vacation before the issues he knows he must vote upon are resolved as defined by the oath he took when he accepted the responsibility of his office? It seems Mr Murtagh’s choice is to go on vacation and prone to a dereliction of duty.