Grants retroactive Tier 1 membership in the New York state teachers' retirement system to James J. DeMarco.
This bill grants retroactive membership with Tier 1 status in the New York state teachers' retirement system to James J. DeMarco. His date of membership would be changed to July 17, 1969, based on his employment as a seasonal employee for the New York Power Authority. Additionally, Mr. DeMarco's pension would be recalculated with retroactive adjustment to payments made since his date of retirement on December 7, 2007. Mr. DeMarco must file a written request with the head of the New York State Teachers' Retirement System within one year of the effective date of this bill.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.