Authorizes Tina Russo to receive a recalculated retirement benefit from the New York state teachers' retirement system.
This bill authorizes Tina Russo, a retired member of the New York state teachers' retirement system, to recalculate her retirement benefit without an early retirement reduction. The recalculation is based on 29 years and 7 months of service credit and is retroactive to her retirement date. The cost of this benefit, estimated at $275,000, will be borne by the employers of the New York state teachers' retirement system. Ms. Russo must file a written request with the retirement system within one year of the bill's effective date.
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