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NY A08735
Bill
Status
6/2/2025
Primary Sponsor
Matthew Slater
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AI Summary
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Authorizes Breanne M. Smith, a Tier 4 member of the New York State and Local Employees' Retirement System (NYSLERS), to receive a refund of accumulated contributions paid during a period when her tier reinstatement was not properly processed
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Smith previously had six years and five months of service credit as a Tier 4 member in the NYC employee retirement system, then paid contributions as a Tier 6 member while employed at the Putnam County District Attorney's office from January 2016 through March 2023
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Covers the refund period from January 13, 2016 through July 12, 2019, when she initiated a tier reinstatement that was not established with a proper cessation date
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Requires Smith to file an application for the refund within one year of the act's effective date
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Estimated immediate past service cost of approximately $17,800 as of February 1, 2026, to be shared by New York State and local participating employers in NYSLERS
Legislative Description
Authorizes Breanne M. Smith to receive a refund of certain accumulated contributions paid to the New York state and local employees' retirement system.
Last Action
referred to governmental employees
1/7/2026