A 9267: Directs the office of the state comptroller to conduct a study on establishing a universal pension system in the state of New York; requires the office of the state comptroller to submit a report of such study.

  
  STATE OF NEW YORK ________________________________________________________________________ 9267 2025-2026 Regular Sessions  IN ASSEMBLY November 21, 2025 ___________ Introduced by M. of A. STECK -- read once and referred to the Committee on Governmental Operations AN ACT directing the office of the state comptroller to conduct a study on establishing a universal pension system in the state of New York The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The office of the state comptroller is authorized and 2 directed to conduct a comprehensive study regarding establishing a 3 universal pension system in the state of New York. Such study shall 4 include, but shall not be limited to: 5 (a) an estimate of the number of New Yorkers who would be eligible for 6 a universal pension; 7 (b) an analysis of including nontraditional workers, such as gig, 8 part-time, and seasonal workers in such universal pension system; 9 (c) a review of universal pension systems in other countries, such as 10 New Zealand, Denmark, and Norway; 11 (d) an analysis of the possible funding mechanisms for such universal 12 pension system, such as employee contributions, employer contributions, 13 voluntary contributions, and state support; 14 (e) an assessment of the short-term fiscal impacts on the state, 15 employers, and employees; 16 (f) an assessment of the long-term fiscal impacts on the state, 17 employers, and employees; 18 (g) an examination of how a universal pension would interact with 19 social security, Medicare, and other federal retirement programs; 20 (h) an identification of statutory changes needed in New York state 21 law to create such universal pension system; and 22 (i) an evaluation of the potential ways such universal pension system 23 could be structured. 24 § 2. No later than one year after the effective date of this act, the 25 office of the state comptroller shall submit a report of such study to EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14075-01-5 
 A. 9267 2 1 the governor, the temporary president of the senate, the speaker of the 2 assembly, the minority leader of the senate, the minority leader of the 3 assembly, the chair of the senate investigations and government oper- 4 ations committee, the ranking member of the senate investigations and 5 government operations committee, the chair of the assembly government 6 operations committee, and the ranking member of the assembly government 7 operations committee. 8 § 3. This act shall take effect on the ninetieth day after it shall 9 have become a law.