S 7958 New York Senate · 2025 Regular Session

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

This bill grants Ryan D. O'Connor retroactive membership in New York City's employees' retirement system, counting his service from January 19, 2012 (when he began working for NYC Transit), instead of the date he accidentally joined later. It specifically grants him Tier IV retirement status, requires him to file a written request within one year of the bill's effective date, and ensures no past contributions are refunded. The city of New York bears all costs for this retroactive adjustment. This is a one-time exception for a single employee, not a new policy affecting broader groups.

Bill status in committee 1 of 4 stages cleared

Introduction

May 2025

Committee Review

Floor Vote

Governor

Introduced May 15, 2025 Last action Apr 17, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

S7958A → S7958B · 3 edits

MINOR

This bill was updated to reflect a new fiscal year (2025-2026) and adjusted the projected financial impact of granting retroactive retirement benefits to Ryan D. O'Connor. The changes increase the estimated costs to the city, raising the initial present value of benefits from $13,500 to $15,800 and the first-year employer contribution from $15,000 to $17,500.

Scope change

The bill's scope remains the same (granting Tier IV membership to one individual), but the financial scope has increased due to updated actuarial assumptions and a one-year delay in the effective date.

FISCAL

The estimated cost to the City of New York increased, with the present value of benefits rising from $13,500 to $15,800 and the first-year employer contribution increasing from $15,000 to $17,500.

TIMELINE

The effective date for the fiscal projections shifted from June 30, 2025 to June 30, 2026, and the first year of projected costs changed from 2026 to 2027.

TECHNICAL

The member's average age in the census data was updated from 38 to 39, reflecting a one-year aging of the population since the previous report.

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Full legislative history

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Key actions

Committee

Amendments

Apr 17, 2026

Upper · Passed

PRINT NUMBER 7958B

upper

Apr 17, 2026

Upper · Passed

AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

upper

Jan 7, 2026

Committee

REFERRED TO CIVIL SERVICE AND PENSIONS

upper

May 27, 2025

Committee

REPORTED AND COMMITTED TO FINANCE

upper

May 21, 2025

Upper · Passed

PRINT NUMBER 7958A

upper

May 21, 2025

Upper · Passed

AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

upper

May 15, 2025

Committee

REFERRED TO CIVIL SERVICE AND PENSIONS

upper

1 primary · 0 co-sponsors