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NY A07785

Bill

Status

Introduced

4/10/2025

Primary Sponsor

Brian Manktelow

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • 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

  • 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

  • Recalculated benefits would be paid retroactively to her August 12, 2004 retirement date

  • Estimated cost of $66,000 to be borne by employers of NYSTRS members

  • 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

Committee Referrals

Governmental Employees4/10/2025

Full Bill Text

No bill text available