Bill > S04638

This bill establishes a temporary nine-member state commission to review and potentially reform Tier VI of the New York state and local employees' retirement system. The commission will be composed of appointees from the governor (5 members), senate leadership (2 members), and assembly leadership (2 members). Motivated by significant workforce challenges including employment recruitment and retention shortages, potential mass retirements, and increased overtime costs, the commission is tasked with conducting at least three public hearings and preparing a comprehensive report within one year of the bill's effective date. Commission members will not receive compensation but will be reimbursed for necessary expenses, and they will have broad authority to request and utilize state agency resources to support their work. The commission will submit a final report to the governor, senate president, and assembly speaker detailing findings, conclusions, and recommendations for improving the Tier VI retirement system. The bill is temporary, automatically expiring one year after its implementation, and is designed to proactively address near-term workforce management challenges in New York's public sector.

Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/S4638