A 469: Adds a school business official to the Teachers' Retirement System (TRS) Board.

  
  STATE OF NEW YORK ________________________________________________________________________ 469 2025-2026 Regular Sessions  IN ASSEMBLY (Prefiled) January 8, 2025 ___________ Introduced by M. of A. PAULIN, McDONOUGH, SAYEGH, DeSTEFANO -- read once and referred to the Committee on Education AN ACT to amend the education law, in relation to adding a school busi- ness official to the Teachers' Retirement System (TRS) Board The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The opening paragraph of subdivision 2 of section 504 of 2 the education law, as amended by chapter 873 of the laws of 1984, is 3 amended and a new paragraph g is added to read as follows: 4 The retirement board shall consist of [ten] eleven members as follows. 5 g. One member, who currently works as a duly appointed school business 6 official, who is elected by the board of regents of the university of 7 the state of New York to serve for a term of three years, from a list of 8 five or more persons having broad experience and ability in the field of 9 school finance to be presented to the regents by the board of directors 10 of the association of school business officials of New York. 11 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02029-01-5