New York A 6932: Relates to establishing a defined contribution program for which elected officials are deemed mandatory members

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A06932 Summary:

BILL NOA06932A

&nbsp

SAME ASNo Same As

&nbsp

SPONSORFitzpatrick (MS)

&nbsp

COSPNSR

&nbsp

MLTSPNSRBlankenbush, DiPietro, Friend, Hawley, Tague

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Add Art 22-A §§1250 - 1255, R & SS L

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Relates to establishing a defined contribution program for which elected officials are deemed mandatory members.

Go to top A06932 Actions:

BILL NOA06932A

&nbsp

03/18/2025referred to governmental employees

01/07/2026referred to governmental employees

01/15/2026amend and recommit to governmental employees

01/15/2026print number 6932a

05/19/2026held for consideration in governmental employees

Go to topA06932 Committee&nbspVotes:

Committee:GOVERNMENTAL EMPLOYEES Chair:Pheffer Amato 
DATE:05/19/2026AYE/NAY:10/3 Action: Held for Consideration Pheffer AmatoAyeDeStefanoNay

ColtonAyeReillyNay

SantabarbaraAyeGiglioNay

EichensteinAyeTannousisExcused

FallAye

BurkeAye

GriffinAye

CarrollAye

RomeroAye

YegerAye

Go to topA06932 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA06932 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 6932--A

 2025-2026 Regular Sessions

 IN ASSEMBLY

 March 18, 2025
 ___________

 Introduced by M. of A. FITZPATRICK -- Multi-Sponsored by -- M. of A.
 BLANKENBUSH, DiPIETRO, FRIEND, HAWLEY, TAGUE -- read once and referred
 to the Committee on Governmental Employees -- recommitted to the
 Committee on Governmental Employees in accordance with Assembly Rule
 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as
 amended and recommitted to said committee

 AN ACT to amend the retirement and social security law, in relation to
 establishing a defined contribution program for which elected offi-
 cials are deemed mandatory members

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The retirement and social security law is amended by
 2 adding a new article 22-A to read as follows:
 3 ARTICLE 22-A
 4 DEFINED CONTRIBUTION PROGRAM
 5 Section 1250. Definitions.
 6 1251. Defined contribution programs established.
 7 1252. Rates of contribution.
 8 1253. Enrollment.
 9 1254. Death benefit.
 10 1255. Inconsistent provisions of other acts superseded.
 11 § 1250. Definitions. Wherever used in this article the following terms
 12 shall have the following meanings:
 13 a. The term "public retirement system of the state" shall mean the New
 14 York state and local employees' retirement system, the New York state
 15 teachers' retirement system, the New York state and local police and
 16 fire retirement system, the New York city employees' retirement system,
 17 the New York city teachers' retirement system, the New York city board
 18 of education retirement system, the New York city police pension fund,
 19 and the New York city fire pension fund.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08996-03-6

 A. 6932--A 2

 1 b. The terms "optional member" and "optional members" mean those
 2 employees who are members of a public retirement system of the state who
 3 first became members of such systems on or after April first, two thou-
 4 sand twenty-six and make an election to join the defined contribution
 5 program established pursuant to this article pursuant to the provisions
 6 of section twelve hundred fifty-three of this article.
 7 c. The terms "mandatory member" and "mandatory members" mean those
 8 elected officials who are members of a public retirement system of the
 9 state who first became members of such systems on or after April first,
 10 two thousand twenty-six pursuant to the provisions of section twelve
 11 hundred fifty-three of this article.
 12 d. The terms "program participant" and "program participants" mean
 13 those employees electing to participate in the defined contribution
 14 program.
 15 e. The term "defined contribution program" means the retirement
 16 program established pursuant to this article.
 17 f. The term "wages" shall mean regular compensation earned by and paid
 18 to a member by a public employer, except that the following items shall
 19 not be included in the definition of wages: (i) overtime compensation
 20 paid under any law or policy und