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NY A08579
Bill
Status
5/21/2025
Primary Sponsor
Michael Tannousis
Click for details
AI Summary
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Grants retroactive Tier IV membership in the New York City Teachers' Retirement System to current NYC Department of Education employees who worked for the City of Yonkers Parks Department from 2009 to 2014
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Applies to individuals who failed to join the New York State and Local Employees' Retirement System during their Yonkers employment through no fault of their own negligence
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Provides service credit in the NYC Teachers' Retirement System for the years worked at the Yonkers Parks Department
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Requires affected individuals to file an application within one year of the act's effective date to receive the retroactive benefits
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All past service costs will be borne by New York City, with estimated increased employer contributions of approximately $16,900-$22,800 annually through 2049, totaling approximately $183,000 in present value
Legislative Description
Grants retroactive Tier IV membership in the New York city teachers' retirement system to certain employees employed by the city of Yonkers parks department for the period beginning in 2009 and ending in 2014.
Last Action
print number 8579a
3/5/2026