NY S08167

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 and failed to join the state retirement system through no fault of their own

Provides service credit in the NYC Teachers' Retirement System for the period of Yonkers Parks Department employment (2009-2014)

Requires affected employees to file an application within one year of the act's effective date to receive the retroactive membership

Assigns all past service costs to the City of New York, with employer contributions estimated at approximately $16,900-$22,800 annually through fiscal year 2044

Applies to one specifically identified member, changing their status from Tier 6 to Tier 4, which provides earlier retirement eligibility, lower employee contribution rates, and larger benefits