Bill > A10034

This bill authorizes Raymond J. Averna to be granted Tier III status in the New York State and Local Employees' Retirement System (NYSLERS), a pension system for public employees, by retroactively establishing his membership date to February 25, 1978, even though he was employed by the Queens Borough Public Library during that period and was not initially afforded this status due to reasons beyond his control. To receive this retroactive Tier III status, Mr. Averna must file a written request with the state comptroller within one year of the bill's enactment, and any past service costs associated with this change will be covered by the Queens Borough Public Library, with an estimated one-time payment of $21,900. The bill also notes that while Mr. Averna is currently a Tier 6 member, this change will not result in a refund of his contributions, but it will increase annual contributions for his current employer, the town of Oyster Bay, by an estimated $9,600 starting in Fiscal Year 2027.

Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/A10034