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NY A08051
Bill
Status
6/11/2021
Primary Sponsor
Colin Schmitt
Click for details
AI Summary
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Grants Dana Kerstanski retroactive Tier IV status in the New York State and Local Employees' Retirement System effective May 10, 2006, her start date as a substitute custodian with Warwick Valley school district.
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Requires Kerstanski to file an application within one year of the act's effective date to receive retroactive membership status.
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Kerstanski will not receive a refund of any employee contributions previously made to the retirement system.
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Warwick Valley school district must pay a one-time past service cost of approximately $70,900 and increased annual contributions estimated at $3,200 for fiscal year 2023.
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Act takes effect immediately upon enactment.
Legislative Description
Grants retroactive membership with Tier IV status in the New York state and local employees' retirement system to Dana Kerstanski.
Last Action
reported referred to rules
6/2/2022