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NY A10300
Bill
Status
Introduced
5/17/2024
Primary Sponsor
Brian Manktelow
Click for details
AI Summary
- Authorizes Christine Hasseler, a Tier 1 member of the New York State Teachers' Retirement System who retired on August 12, 2004, to have her pension benefits recalculated to include retirement incentive payments she did not timely receive
- Requires recalculation of her final average salary and pension benefit without regard to the actual receipt date of the retirement incentive payments
- Provides that the increase in benefit will be paid retroactively to her retirement date of August 12, 2004
- Directs all costs of implementing this act, estimated at $65,000, to be borne by employers of members of the New York State Teachers' Retirement System
- Takes effect immediately upon enactment
Legislative Description
Authorizes Christine Hasseler to apply for a recalculation of her retirement benefits.
Last Action
referred to governmental employees
5/17/2024
Committee Referrals
Governmental Employees5/17/2024
Full Bill Text
No bill text available