Grants Katie Adamek retroactive tier IV membership in the New York state and local employees' retirement system.
This bill grants Katie Adamek, an employee of the Schenectady City School District, retroactive tier IV membership in the New York state and local employees' retirement system. Katie Adamek must file an application with the state comptroller within one year of the bill's effective date. Upon filing, she will be granted tier IV status and become eligible for benefits. The Schenectady City School District will bear all past service costs, with no refund of member contributions. The district will also face an immediate past service cost of $87,000 as a one-time payment.
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