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Council expedites fund transfer to backfill insurance mFund after firefighter line-of-duty payout
3864154 · March 25, 2025
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Summary
Council approved a 7-0 motion to expedite a transfer from the city's insurance mFund to cover compensation required under the firefighters' contract and New York General Municipal Law §208; staff said the payment to the firefighter's spouse has already been made and this action will backfill the mFund.
At the March 24 work session, corporation counsel presented an item in the finance committee requesting the city move funds from its insurance mFund to cover a compensation payout required under the firefighters’ contract and New York General Municipal Law §208 (payments…
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