NY A09267

Directs the Office of the State Comptroller to conduct a comprehensive study on establishing a universal pension system in New York, with a report due within one year of the act taking effect

Study must estimate the number of eligible New Yorkers and analyze inclusion of nontraditional workers such as gig, part-time, and seasonal workers

Requires review of universal pension systems in other countries including New Zealand, Denmark, and Norway

Study must analyze potential funding mechanisms including employee contributions, employer contributions, voluntary contributions, and state support, along with short-term and long-term fiscal impacts

Must examine how a universal pension would interact with Social Security, Medicare, and other federal retirement programs, and identify necessary statutory changes to New York state law