A 8575 New York Assembly · 2025 Regular Session

Grants retroactive tier IV membership in the New York city employees' retirement system to Ryan D. O'Connor

This bill, A 8575, grants retroactive Tier IV membership in the New York City Employees' Retirement System (NYCERS) to Ryan D. O'Connor. Mr. O'Connor, an employee of the Metropolitan Transportation Authority, was employed by the New York City Transit Authority from January 2012 to April 2023. Due to circumstances not his fault, he did not join NYCERS until September 2012, missing an initial period of eligibility. This bill allows him to be considered a NYCERS member from January 19, 2012, and receive Tier IV status, provided he files a written request within one year. The City of New York will cover all past service costs associated with this change.

Bill status in committee 1 of 4 stages cleared

Introduction

May 2025

Committee Review

Floor Vote

Governor

Introduced May 21, 2025 Last action Apr 21, 2026

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What changed between versions

A8575 → A8575A · 4 edits

MODERATE

This bill was amended to update the fiscal year for cost estimates from 2025 to 2026 and to reflect a higher projected financial impact. The changes increase the estimated employer contributions and the total present value of benefits, raising the one-time payment required to fund the retroactive retirement membership.

Scope change

The bill's scope regarding the specific individual remains unchanged, but the financial parameters and effective dates for the cost analysis have been updated.

FISCAL

The projected year for employer contributions shifted from 2026 to 2027, with the estimated cost increasing from $15,000 to $17,500.

The actuarial present value of the benefits increased from $13,500 to $15,800, reflecting updated cost estimates.

TIMELINE

The reference date for the actuarial analysis was updated from June 30, 2025, to June 30, 2026.

TECHNICAL

The average age of the affected member in the census data was updated from 38 to 39.

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 21, 2026

Lower · Passed

PRINT NUMBER 8575A

lower

Apr 21, 2026

Lower · Passed

AMEND AND RECOMMIT TO GOVERNMENTAL EMPLOYEES

lower

Jan 7, 2026

Committee

REFERRED TO GOVERNMENTAL EMPLOYEES

lower

May 21, 2025

Committee

REFERRED TO GOVERNMENTAL EMPLOYEES

lower

1 primary · 0 co-sponsors