Audits City University of New York's participation in retirement systems and requires annual reporting.

The bill mandates the chair of the board of trustees of the City University of New York to conduct an audit of the university's participation in retirement systems, covering from 1998 to the present. The audit will examine processes for enrollment, contributions, and employee payroll deductions, and identify any lapses. The board must establish a non-proprietary database for public use, listing details of each lapse. The chair must report findings to the governor and legislature within one year of the act's effective date.

Audits City University of New York's participation in retirement systems and requires annual reporting.

The bill mandates the chair of the board of trustees of the City University of New York to conduct an audit of the university's participation in retirement systems, covering from 1998 to the present. The audit will examine processes for enrollment, contributions, and employee payroll deductions, and identify any lapses. The board must establish a non-proprietary database for public use, listing details of each lapse. The chair must report findings to the governor and legislature within one year of the act's effective date.