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NY S06315
Bill
Status
Engrossed
6/19/2018
Primary Sponsor
John Brooks
Click for details
AI Summary
- Grants Tier I status in the New York State and Local Employees' Retirement System (ERS) to Anthony A. Fede, a currently retired Tier IV member
- Changes his membership date retroactively to March 17, 1970, when he first became eligible to join while employed by Sewanhaka Central High School District from March 17, 1970 to August 10, 1973
- Recalculates his retirement benefit retroactive to his original date of retirement, with no refund of member contributions
- Requires Fede to file a written request with the state comptroller within one year of the act's effective date to receive the recalculated benefit
- Past service costs of approximately $145,000 shall be shared by the State of New York and all participating employers in the ERS
Legislative Description
Authorizes Anthony A. Fede Tier I status in the New York state and local employees' retirement system.
Last Action
referred to governmental employees
6/19/2018
Committee Referrals
Rules6/19/2018
Civil Service and Pensions5/11/2017
Full Bill Text
No bill text available