Bill > A00469

This bill amends the education law to expand the Teachers' Retirement System (TRS) Board from ten to eleven members by adding a new position for a school business official. Specifically, the bill creates a new board position for a currently working school business official who will be elected by the Board of Regents of the University of the State of New York. The new member will serve a three-year term and will be selected from a list of at least five candidates with extensive experience in school finance, as recommended by the Board of Directors of the Association of School Business Officials of New York. This addition aims to bring more specialized financial expertise to the TRS Board, which oversees the retirement system for teachers in New York State. The bill would take effect immediately upon passage.

Education

https://www.nysenate.gov/legislation/bills/2025/A469