New York A10245 allows land bank officers and employees to join the state and local retirement system if approved by the board of directors.

New York A10245 amends the not-for-profit corporation law to allow land bank officers and employees to participate in the New York state and local retirement system. This change takes effect upon a resolution adopted by the land bank's board of directors. The bill aims to provide retirement benefits to land bank personnel, aligning their retirement options with those of other public service employees.

New York A10245 allows land bank officers and employees to join the state and local retirement system if approved by the board of directors.

New York A10245 amends the not-for-profit corporation law to allow land bank officers and employees to participate in the New York state and local retirement system. This change takes effect upon a resolution adopted by the land bank's board of directors. The bill aims to provide retirement benefits to land bank personnel, aligning their retirement options with those of other public service employees.