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

Summary

The legislation allows current New York City Department of Education employees who were employed by the Yonkers Parks Department from 2009 to 2014 to receive service credit and Tier IV status in the city teachers’ retirement system. They must submit an application within one year of the law taking effect. The change moves them from Tier VI to a more generous pension tier, with the city covering any additional costs.

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