Relates to the transfer of board of education employees to the teachers' retirement system of the city of New York
This bill allows employees of the New York City Board of Education represented by the United Federation of Teachers to move their retirement coverage from the current board system to the city's Teachers' Retirement System. To make this switch, an eligible employee must submit a formal application within one year of becoming qualified for the new system, after which their past contributions and benefits are transferred and credited as if they had always been part of the Teachers' Retirement System. The change applies only to those who file for membership and does not require them to be current members of the United Federation of Teachers.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
Governor
Introduced Mar 27, 2024
Last action Jun 4, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
3
Jun 3, 2024
Committee
REPORTED REFERRED TO RULES
lower
May 29, 2024
Committee
REPORTED REFERRED TO WAYS AND MEANS
lower
Mar 27, 2024
Committee
REFERRED TO GOVERNMENTAL EMPLOYEES
lower
1 primary · 8 co-sponsors
Sponsors
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