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NY A08179
Bill
Status
5/5/2025
Primary Sponsor
Joseph DeStefano
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AI Summary
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Allows Joanne Halverson, a South Country school district teacher since September 1999 retiring in June 2025, to have her 2020-2021 salary included in her final average salary (FAS) calculation despite pandemic-related salary reductions
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Waives the standard Tier III FAS rule that excludes salary increases exceeding 10% of the average of the prior two years' earnings, which would otherwise penalize her due to COVID-19 income fluctuations
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Prohibits any refund of contributions made to the New York State Teachers' Retirement System to the beneficiary under this act
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Requires all participating employers in the New York State Teachers' Retirement System to bear the past service costs associated with implementation
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Estimated annual cost to employers is approximately $6,000
Legislative Description
Recalibrates the final average salary retirement calculations in the New York state teachers' retirement system for Joanne Halverson by including certain earnings from the 2020-2021 year.
Last Action
referred to governmental employees
1/7/2026