· NY legislature · 2025-2026

Extends for four fiscal years the current 7% per annum statutory rate of interest used in valuing retirement system liabilities for the purpose of computing the amount of employer contributions

Relates to the rate of interest used in the actuarial valuation of liabilities for the purpose of calculating contributions to the New York city employees' retirement system, the New York city teachers' retirement system, the police pension fund, subchapter two, the fire department pension fund, subchapter two and t…

Sponsor

Robert Jackson (D-NY)

Introduced

2025-06-05

Latest action

SUBSTITUTED BY A7428