Grants retroactive Tier IV membership in the New York City Teachers' Retirement System to certain Yonkers Parks Department employees.

This bill grants retroactive Tier IV membership in the New York City Teachers' Retirement System to certain employees who were employed by the City of Yonkers Parks Department between 2009 and 2014. These employees must have been active members of the New York City Teachers' Retirement System and failed to join the New York State and Local Employees' Retirement System during their employment with Yonkers Parks. The bill allows these employees to purchase service and elect retroactive membership in Tier 4 by filing an application within one year of the act's effective date.

Grants retroactive Tier IV membership in the New York City Teachers' Retirement System to certain Yonkers Parks Department employees.

This bill grants retroactive Tier IV membership in the New York City Teachers' Retirement System to certain employees who were employed by the City of Yonkers Parks Department between 2009 and 2014. These employees must have been active members of the New York City Teachers' Retirement System and failed to join the New York State and Local Employees' Retirement System during their employment with Yonkers Parks. The bill allows these employees to purchase service and elect retroactive membership in Tier 4 by filing an application within one year of the act's effective date.