Corning, N.Y. (WENY) - Corning City Manager Mark Ryckman announced today that Thomas Margeson will retire following his paid suspension. His suspension ends January 31, 2018.
After a 10 month investigation into the sale of heroin in the town of Horseheads, Margeson was arrested and charged with 3rd degree Criminal Sale of a Controlled Substance in September. Margeson was suspended with pay on September 18th.
Margeson was also demoted from Lieutenant to fire fighter 3rd grade. This drops his base salary from about $69,800 to about $46,300.
Corning city attorney Bryan Maggs discussed the further financial implications in the settlement. He says, "He's going to forgo his right to receive a buyout at the end, at the time that he retires so any accrued benefit time, he is not going to get that paid to him. He's also foregoing his right to receive retiree health insurance."
Ryckman discussed the benefits of settling Margeson's employment before the conclusion of the criminal case, including bypassing an arbitration process. He says, "The advantage to us is that we avoid this lengthy process and it also allows the remaining members of the department to focus forward on the work that is ahead of them in the department."
Ryckman says this will also allow them to focus on filling the now vacant Lieutenant position.
Neither Ryckman nor Maggs could comment on the criminal proceedings relating to Margeson. No hearing has been set at this time.