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Bill > A06993


NY A06993

NY A06993
Authorizes Anthony A. Fede Tier I status in the New York state and local employees' retirement system.


summary

Introduced
03/18/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to authorize Anthony A. Fede Tier I status in the New York state and local employees' retirement system

AI Summary

This bill authorizes Anthony A. Fede, a retired employee of the Sewanhaka Central High School District, to receive Tier I status in the New York State and Local Employees' Retirement System (NYSLERS), retroactive to March 17, 1970, despite not originally being afforded this opportunity. Specifically, the bill allows Fede to file a written request with the state comptroller within one year of the act's effective date to have his retirement benefit recalculated with Tier I status, with payments made retroactively to his original retirement date. Currently a Tier 4 retiree, Fede will be deemed a member of the retirement system as of March 17, 1970, the date of his first employment. The bill stipulates that no contributions will be refunded to Fede, and the past service costs—estimated at approximately $222,000—will be shared by the State of New York and local participating employers in the NYSLERS. The legislation aims to correct a historical oversight that prevented Fede from initially joining the retirement system with Tier I status through no fault of his own.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

referred to governmental employees (on 01/07/2026)

bill text


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