Bill > A07794

This bill authorizes "free association libraries," which are libraries chartered by the state board of regents that serve their entire chartered area, have their board of trustees elected by voters in that area, have their budget approved by those voters, derive at least 51% of their budget from public sources, and file annual reports with the comptroller, to participate in the New York State and Local Employees' Retirement System (NYSLERS). This participation would be elective, requiring a resolution by the library's board of trustees and approval from the comptroller, who would then be obligated to accept their employees for membership, determine contributions, and ensure they have the same rights, obligations, and benefits as other NYSLERS members. The bill also notes a potential risk to NYSLERS' governmental plan status and tax benefits if non-governmental employees are allowed to participate, recommending a ruling from the IRS before enactment, and estimates costs associated with obtaining such a ruling and the potential annual contributions and deficiency costs for electing libraries.

Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/A7794