New York’s state comptroller would study a possible statewide pension system, including who could qualify, how to pay for it, and its costs.
The state comptroller would study a possible statewide pension system and report findings to state leaders. This would require research without setting up pension payments.
New York’s state comptroller would study a possible universal pension system and report findings to the governor and designated lawmakers. The study would estimate how many New Yorkers could qualify and examine including gig, part-time, and seasonal workers. The study would examine funding, costs, links to Social Security and Medicare, and needed state law changes. It would also review pension systems abroad and possible ways to organize a New York system. If the bill becomes law, it would take effect on the 90th day afterward. The report would be due no later than one year after that effective date.
No hearings or votes scheduled.