Relates to the rate of interest used in the actuarial valuation of liabilities for the purpose of calculating contributions to the New York city employees' retirement system, the New York city teachers' retirement system, the police pension fund, subchapter two, the fire department pension fund, subchapter two and the board of education retirement system of such city by public employers and other obligors required to make employer contributions to such retirement systems, the crediting of special interest and additional interest and additional interest to members of such retirement systems, and the allowance of supplementary interest on the funds of such retirement systems; extends such provisions until June 30, 2029.
Changes the due date by which the New York State teachers' retirement system is required to submit the annual MWBE report to on or before December thirty-first following the end of the teachers retirement system's fiscal year.
Provides for transfers from the MTA police retirement program to certain other retirement systems or funds.
Adds a school business official to the Teachers' Retirement System (TRS) Board.
Requires notice to elected officials when there is a proposed battery energy storage system in such officials district; defines what qualifies as a battery energy storage system.
Authorizes Thomas Collins to file a request for change of benefit coverage with the New York state teachers' retirement system.
Authorizes Thomas Collins to file a request for change of benefit coverage with the New York state teachers' retirement system.
Prohibits certain public officials and their families from engaging in unlawful virtual currency business activities.
Prohibits certain public officials and their families from engaging in unlawful virtual currency business activities.
Relates to supplemental military retirement allowances for members of public retirement systems of the state.