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Bill > S08167


NY S08167

NY S08167
Grants retroactive Tier IV membership in the New York city teachers' retirement system to certain employees employed by the city of Yonkers parks department for the period beginning in 2009 and ending in 2014.


summary

Introduced
05/16/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT granting retroactive Tier IV membership in the New York city teachers' retirement system to certain employees

AI Summary

This bill allows certain individuals currently employed by the New York City Department of Education and members of the New York City Teachers' Retirement System (TRS) to receive retroactive membership in Tier IV of that system for their prior employment with the City of Yonkers parks department between 2009 and 2014, provided they did not join the New York State and Local Employees' Retirement System during that time due to reasons beyond their control and file an application within one year of the bill's enactment. Tier IV is a specific membership tier within New York's public retirement systems that offers certain benefits, and granting retroactive membership means these individuals will be treated as if they had been in Tier IV during that past employment period, potentially allowing for earlier retirement eligibility, lower contribution rates, and larger pension benefits, with the City of New York bearing any associated past service costs.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

PRINT NUMBER 8167A (on 02/27/2026)

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