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NY A08370
Bill
Status
5/13/2025
Primary Sponsor
Stacey Pheffer Amato
Click for details
AI Summary
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Allows security hospital treatment assistants employed by the Office of Mental Health a one-time election to choose between an Age-55 retirement plan or a 25-year service plan
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Applies to specific titles including security hospital treatment assistant, senior security hospital treatment assistant, supervisor, and chief positions, including Spanish language variants
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Elections must be filed in writing with the comptroller and are irrevocable once made
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Creates an estimated $2.2 million increase in annual state contributions for fiscal year ending March 31, 2026, plus a one-time past service cost of approximately $19.4 million
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Takes effect 30 days after becoming law and automatically expires 180 days after enactment, affecting approximately 697 employees with combined annual salaries of $68 million
Legislative Description
Relates to the election of retirement benefits for certain members of the New York state and local employees' retirement system who are employed by the office of mental health.
Last Action
print number 8370a
1/15/2026