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NY A09889
Bill
Status
4/26/2024
Primary Sponsor
Scott Bendett
Click for details
AI Summary
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Grants Joanne De Vito retroactive Tier IV status in the New York State and Local Employees' Retirement System, with membership effective July 1, 1985, her original employment start date with the Town of Poestenkill as a camp counselor.
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Requires De Vito to file an application with the retirement system within one year of the act's effective date to receive the retroactive membership status.
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Prohibits De Vito from receiving a refund of any employee contributions she has already made to the retirement system.
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Town of Poestenkill must pay all past service costs associated with implementing this change, estimated at approximately $15,100 as a one-time payment.
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The State of New York will incur increased annual contributions of approximately $5,300 in fiscal year 2025, with future costs varying based on billing rates and De Vito's salary.
Legislative Description
Authorizes Joanne De Vito to receive retroactive tier IV status in the New York state and local employees' retirement system.
Last Action
referred to governmental employees
4/26/2024