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NY A06993

Bill

Status

Introduced

3/18/2025

Primary Sponsor

Michael Durso

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Grants Anthony A. Fede retroactive Tier I membership status in the New York State and Local Employees' Retirement System, with an effective membership date of March 17, 1970

  • Applies to Fede who was employed by Sewanhaka Central High School District from March 17, 1970 to August 10, 1973 and was not given the opportunity to join the retirement system due to no fault of his own

  • Requires Fede, currently a Tier 4 retiree, to file a written request with the state comptroller within one year of the act's effective date to receive the recalculated benefits retroactive to his retirement date

  • Prohibits any refund of contributions Fede previously made to the retirement system

  • Estimated past service cost of approximately $222,000 to be shared by New York State and local participating employers in the retirement system

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

1/7/2026

Committee Referrals

Governmental Employees3/18/2025

Full Bill Text

No bill text available