STATE OF NEW YORK
________________________________________________________________________
7780
2025-2026 Regular Sessions
IN ASSEMBLY
April 10, 2025
___________
Introduced by M. of A. MANKTELOW -- read once and referred to the
Committee on Governmental Employees
AN ACT to authorize Jeffrey Alva Beall eligibility to apply for military
service credit in the New York state teachers' retirement system
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Notwithstanding subdivision 5 of section 1000 of the
2 retirement and social security law, Jeffrey Alva Beall, a retired member
3 of the New York state teachers' retirement system, who was on active
4 duty in the United States Army from April 17, 1984 until February 27,
5 1987, shall be eligible to apply for military service credit, to be
6 applied retroactively to the date of his retirement, in the New York
7 state teachers' retirement system as otherwise provided pursuant to the
8 provisions of section 1000 of the retirement and social security law.
9 To obtain such credit Mr. Beall shall pay the New York state teachers'
10 retirement system a sum equal to the product of the number of years of
11 military service he served, and three percent of Mr. Beall's compen-
12 sation earned during the last twelve consecutive months of credited
13 service preceding the date of his retirement.
14 § 2. This act shall take effect immediately.
FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
This bill would allow Jeffrey Alva Beall, a retired Tier 4 member of
the New York State Teachers' Retirement System, to purchase three years
of service credit for his military service when he was on active duty in
the United States Army from April 17, 1984 until February 27, 1987. Mr.
Beall must pay a sum equal to the product of the number of years of
military service credit and three percent of his compensation earned
during the last twelve consecutive months of credited service preceding
his retirement. The increase in Mr. Beall's pension would be payable
retroactively to his date of retirement. He was not eligible to purchase
this military service credit upon his retirement in 2016 as it was
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD01081-02-5
A. 7780 2
before the law was changed to allow credit for military service rendered
at any time, rather than during specified periods of war.
The cost of this benefit is equal to the increase in the present value
of liabilities minus Mr. Beall's contribution, which is estimated to be
$73,000. This cost would be borne by the employers of members of the
New York State Teachers' Retirement System.
Member data is from the System's most recent actuarial valuation files
as of June 30, 2024, consisting of data provided by the employers to the
Retirement System. The most recent data distributions and statistics can
be found in the System's Annual Report for fiscal year ended June 30,
2024. System assets are as reported in the System's financial statements
and can also be found in the System's Annual Report. Actuarial assump-
tions and methods will be provided in the System's Actuarial Valuation
Report as of June 30, 2024.
The source of this estimate is Fiscal Note 2025-3 dated February 4,
2025 prepared by the Office of the Actuary of the New York State Teach-
ers' Retirement System and is intended for use only during the 2025
Legislative Session. I, Richard A. Young, am the Chief Actuary for the
New York State Teachers' Retirement System. I am a member of the Ameri-
can Academy of Actuaries and I meet the Qualification Standards of the
American Academy of Actuaries to render the actuarial opinion contained
herein.
