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NY A07785
Bill
Status
4/10/2025
Primary Sponsor
Brian Manktelow
Click for details
AI Summary
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Authorizes Christine Hasseler, a Tier 1 member of the New York State Teachers' Retirement System who joined September 1, 1970 and retired August 12, 2004, to have her pension benefits recalculated
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Allows inclusion of retirement incentive payments in her final average salary calculation, which she did not receive by the deadline through no fault of her own
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Recalculated benefits would be paid retroactively to her August 12, 2004 retirement date
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Estimated cost of $66,000 to be borne by employers of NYSTRS members
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Fiscal note prepared by NYSTRS actuary based on June 30, 2024 valuation data
Legislative Description
Authorizes Christine Hasseler to apply for a recalculation of her retirement benefits.
Last Action
print number 7785a
3/5/2026