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A04523 Summary:

BILL NOA04523
 
SAME ASSAME AS S03761
 
SPONSORFitzpatrick
 
COSPNSRRaia, Friend, Oaks, Hawley, McLaughlin, Lalor, Blankenbush, DiPietro
 
MLTSPNSRCrouch, Johns, Lawrence, Paulin, Stec, Walter
 
Add 618, R & SS L
 
Establishes a defined contribution plan for all non-civil service appointees and elected officials of the New York state and local employees' retirement system who are not yet vested in a state retirement system or who are hired after the effective date of this section; authorizes elected officials to join such defined contribution plan; defines terms; provides for contributions to such defined contribution plan; authorizes the promulgation of any necessary rules and regulations.
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