Bill
S 7118
Overview: Bill Number: S 7118, Title: Grants retroactive tier IV membership in the New York state and local employees' retirement system to Raymond Ruckel, Status: REFERRED TO CIVI
Overview: Bill Number: S 7118, Title: Grants retroactive tier IV membership in the New York state and local employees' retirement system to Raymond Ruckel, Status: REFERRED TO CIVIL SERVICE AND PENSIONS, Introduced: April 01, 2025
Purpose and Intent: The purpose of this bill is to grant retroactive tier IV membership in the New York State and Local Employees' Retirement System to Raymond Ruckel, who was previously denied this membership status.
Key Provisions:
- Grants Raymond Ruckel retroactive tier IV membership in the New York State and Local Employees' Retirement System, effective from the date he first became eligible for such membership
- Requires the New York State and Local Employees' Retirement System to recalculate Ruckel's retirement benefits based on the tier IV membership status
- Directs the state comptroller to make any necessary adjustments to Ruckel's retirement benefits and contributions to reflect the retroactive tier IV membership
Affected Parties and Impacts:
- Raymond Ruckel, who will benefit from the retroactive tier IV membership and the associated higher retirement benefits
- The New York State and Local Employees' Retirement System, which will be required to recalculate and adjust Ruckel's retirement benefits
Procedural and Timeline Considerations:
The bill has been referred to the Civil Service and Pensions Committee for further consideration. If passed, the retroactive tier IV membership and benefit adjustments would be implemented immediately.
Compiled from official sources — confirm details with the bill’s official record.
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