Grants retroactive tier IV membership in the New York state and local employees' retirement system to Karen Siegel.

This bill grants retroactive tier IV membership in the New York state and local employees' retirement system to Karen Siegel, a current tier VI member employed by the South Orangetown Central School District. The bill changes her date of membership to June 28, 1992, making her eligible for all rights and benefits of tier IV status. The South Orangetown Central School District will bear all past service costs, with no refund of member contributions. The bill estimates an immediate past service cost of $35,300 and an annual contribution increase of $6,400 starting from fiscal year ending 2027.

Grants retroactive tier IV membership in the New York state and local employees' retirement system to Karen Siegel.

This bill grants retroactive tier IV membership in the New York state and local employees' retirement system to Karen Siegel, a current tier VI member employed by the South Orangetown Central School District. The bill changes her date of membership to June 28, 1992, making her eligible for all rights and benefits of tier IV status. The South Orangetown Central School District will bear all past service costs, with no refund of member contributions. The bill estimates an immediate past service cost of $35,300 and an annual contribution increase of $6,400 starting from fiscal year ending 2027.