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NY A10014
Bill
Status
11/28/2016
Primary Sponsor
Dean Murray
Click for details
AI Summary
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Kevin Moriarty, currently a Tier VI member of the New York State Teachers' Retirement System, shall be reclassified as a Tier IV member with all associated rights, benefits, and privileges.
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His membership date is retroactively established as July 1, 1998, based on his employment as a part-time lecturer at Stony Brook University's College of Engineering and Applied Sciences from 1998 through 2013, and subsequent ten-month lecturer employment.
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Moriarty must file a written application with the head of the New York State Teachers' Retirement System on or before December 31, 2016, to implement this change.
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All past service costs associated with this reclassification, estimated at $71,000, shall be borne by the employers of retirement system members rather than refunded to Moriarty.
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The act takes effect immediately upon enactment.
Legislative Description
Grants Kevin Moriarty Tier IV status in the New York state teachers' retirement system.
Last Action
tabled
11/28/2016