NY A07838

Grants James J. DeMarco retroactive Tier I status in the New York State Teachers' Retirement System, changing his membership date to July 17, 1969, when he began seasonal employment with the New York Power Authority

Reclassifies DeMarco from his current Tier 2 status to Tier 1, with his pension recalculated and retroactive adjustments made to payments since his December 7, 2007 retirement date

Requires DeMarco to file a written application with the head of the Teachers' Retirement System within one year of the act's effective date

Estimated cost of $95,900, representing the increase in present value of liabilities, to be paid by employers of members of the Teachers' Retirement System