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NY S08676
Bill
Status
3/29/2022
Primary Sponsor
Mike Martucci
Click for details
AI Summary
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Grants Mark Pavlak retroactive tier IV membership status in the New York State and Local Employees' Retirement System with a membership date of July 6, 2007, retroactively converting him from tier VI status.
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Requires Pavlak to file an application with the state comptroller within one year of the act's effective date to claim the retroactive membership benefits.
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Liberty Central School District must pay all past service costs as a one-time payment of approximately $71,100, with no refund of member contributions to Pavlak.
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The Town of Thompson will see an annual contribution increase of approximately $4,300 for the fiscal year ending March 31, 2023, with future costs varying based on billing rates and Pavlak's salary changes.
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Takes effect immediately upon enactment.
Legislative Description
Grants retroactive tier IV membership in the New York state and local employees' retirement system to Mark Pavlak.
Last Action
SUBSTITUTED BY A9690
6/2/2022