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History
- Substituted by A4982
- Advanced to third reading
- 2nd report cal.
- 1st report cal.532
- Referred to civil service and pensions
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Allows the annual convention of the New York state teachers' retirement system to be held in either the month of October or November
Signed by Governor · Sponsor Alec Brook-Krasny
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S4755
Title of bill
An act to amend the education law, in relation to allowing the annual convention of the New York state teachers' retirement system to be held in either the month of October or November
Purpose of the Bill:
This bill would allow the Retirement Board of the New York State Teachers' Retirement System to hold the annual convention of members, which elects the active teacher members of the Board, in either the month of October or November.
Summary and Justification:
Under Section 505 of the Education Law, the active teacher members of the Retirement Board of the New York State Teachers' Retirement System are elected on a rotating basis at an annual convention of delegates representing the active members of the System. Under the statute, the convention needs to be held during the month of November. This bill would amend subdivision 1 of Section 505 of the Education Law to allow the Retirement Board to hold the annual convention during either October or November.
Making this change would afford greater flexibility to the Retirement Board in scheduling the annual convention on a date convenient to delegates, as well as the Retirement Board and System staff. Such flexibility would also mitigate difficulties associated with scheduling the convention around the numerous holidays in November. Finally, a convention scheduled in October may afford better weather for delegates who are traveling to the convention from all parts of New York.
Effective Date of the Bill:
This bill would take effect immediately.
Other Agencies to Whom the Bill May Be of Interest:
Division of the Budget, State Education Department and the State University of New York.
Budgetary Implications of the Bill: The Actuary of the New York State Teachers' Retirement System has estimated that there would be no annual cost to the employers of members of the New York State Teachers' Retirement System if this bill is enacted.
Note
This bill was prepared under the direction of the New York State Teachers' Retirement Board and was introduced at its request.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.