Bill > S01011

This bill introduces a new requirement for employees in New York state retirement systems to formally document changes in their job titles or employment responsibilities that might affect their retirement system membership eligibility. Specifically, when an employee is going to undergo a change that could impact their membership status or ability to accrue service credit, both the employee and employer must complete and sign a written statement provided by the retirement board or office of the comptroller. This statement will acknowledge the specific date when the employee will no longer be a member of the retirement system or will no longer be eligible to accrue service credit. The employer is then required to file this written statement with the appropriate retirement authority within 30 days of both parties signing it. The bill applies to multiple New York state retirement systems, including those defined in the education law and different sections of the retirement and social security law. The new provisions aim to create a clear, documented process for tracking changes in an employee's retirement system status, ensuring both the employee and employer are fully aware of and formally recognize potential membership changes. The bill will take effect 60 days after becoming law.

Budget and Finance, Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/S1011