S 8167 New York Senate · 2025 Regular Session

Grants retroactive membership in the New York city teachers' retirement system to certain employees

Summary

Grants retroactive Tier IV membership in the New York city teachers' retirement system to certain employees employed by the city of Yonkers parks department for the period beginning in 2009 and ending in 2014.

Bill status passed both 4 of 5 stages cleared

Introduction

May 2025

Committee Review

Jun 2026

Senate Passage

Jun 2026

Assembly Passage

Jun 2026

Governor

Introduced May 16, 2025 Last action Jun 5, 2026

Maddy AI version diff · 1 comparison

What changed between versions

S8167 → S8167A · 5 edits

MODERATE

The bill was amended to update its version number and fiscal projections, reflecting a one-year delay in the effective date from June 30, 2025 to June 30, 2026. Consequently, the estimated financial impact on the retirement system and the amortization schedule for unfunded liabilities were recalculated to account for this change in timing.

Scope change

The scope of the bill itself (granting retroactive Tier IV membership to Yonkers Parks employees) remains unchanged, but the financial estimates and implementation timeline have been adjusted.

TIMELINE

The effective date for the legislation was delayed by one year, moving from June 30, 2025 to June 30, 2026.

FISCAL

Updated actuarial present value estimates increased from $94,000 to $104,000 due to the extended timeline.

The number of annual payments to amortize unfunded liabilities decreased from 18 to 17 years, with the annual payment amount increasing from $10,000 to $12,000.

Projected employer contribution costs were recalculated, showing higher costs in the early years and a slightly different trajectory through 2051 compared to the original 2050 projection.

TECHNICAL

Demographic assumptions for the single example member were updated to reflect an older age (38.0 vs 37.0) and more service years (9.0 vs 8.0).

Floor votes · Senate Jun 1, 2026 · Assembly Jun 5, 2026

How they voted

60–0

Passed · 3 other

Total votes 63

Jun 1, 2026

D Democratic41

38 Yea 3

92% Yea

R Republican22

22 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jun 5, 2026

Lower · Passed

PASSED ASSEMBLY

lower

Jun 1, 2026

Committee

REFERRED TO GOVERNMENTAL EMPLOYEES

lower

Jun 1, 2026

Upper · Passed

PASSED SENATE

upper

Jun 1, 2026

Committee

COMMITTEE DISCHARGED AND COMMITTED TO RULES

upper

Feb 27, 2026

Upper · Passed

PRINT NUMBER 8167A

upper

Feb 27, 2026

Upper · Passed

AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

upper

Jan 7, 2026

Committee

REFERRED TO CIVIL SERVICE AND PENSIONS

upper

May 16, 2025

Committee

REFERRED TO CIVIL SERVICE AND PENSIONS

upper

1 primary · 0 co-sponsors