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S 4450

Grants retroactive tier IV membership in the NY state and local employees' retirement system for Maureen Sullivan Nasca

2025 Regular Session Introduced by Sean Ryan

Bill S 4450 grants Maureen Sullivan Nasca retroactive Tier IV membership in New York's retirement system, enhancing her retirement benefits significantly.

REFERRED TO CIVIL SERVICE AND PENSIONS
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Bill Summary · S 4450

Summary of Bill S 4450

Bill Overview

  • Bill Number: S 4450
  • Title: Grants retroactive tier IV membership in the NY state and local employees' retirement system for Maureen Sullivan Nasca
  • Status: Referred to Civil Service and Pensions
  • Introduced On: February 5, 2025
  • Classification: Bill

Purpose and Intent

The primary purpose of Bill S 4450 is to grant retroactive Tier IV membership in the New York State and Local Employees' Retirement System specifically for Maureen Sullivan Nasca. This bill aims to rectify her retirement status, potentially providing her with enhanced retirement benefits that are associated with Tier IV membership.

Key Provisions

  • Retroactive Membership: The bill proposes to retroactively classify Maureen Sullivan Nasca as a Tier IV member of the New York State and Local Employees' Retirement System. This change would allow her to benefit from the provisions and benefits associated with Tier IV membership.
  • Eligibility Criteria: While the bill specifically names Maureen Sullivan Nasca, it does not outline any additional eligibility criteria or conditions for other individuals, indicating that this legislation is tailored to her unique situation.

Impact

  • Beneficiary: The primary individual affected by this bill is Maureen Sullivan Nasca, who would gain access to the benefits associated with Tier IV membership in the retirement system.
  • Retirement Benefits: If passed, this bill could significantly enhance Nasca's retirement benefits, which may include increased pension payouts, better healthcare options, and other retirement-related advantages typical of Tier IV members.

Legislative Process

  • Current Status: As of the introduction date, the bill has been referred to the Civil Service and Pensions Committee for further consideration. The outcome of this referral will determine the next steps in the legislative process, including potential hearings, amendments, or votes.
  • Related Legislation: This bill is related to prior-session bills S 9315 and S 7292, which may provide context or precedent for the current proposal.

Conclusion

Bill S 4450 seeks to address a specific retirement classification issue for Maureen Sullivan Nasca by granting her retroactive Tier IV membership in the New York State and Local Employees' Retirement System. The bill's passage could have a significant positive impact on her retirement benefits, although it is currently in the early stages of the legislative process.

Compiled from official sources — confirm details with the bill’s official record.

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