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Assembly bill · A10882 (2025-26)

Prohibits the use of investment managers in the New York state and local police and fire retirement system

New York State Assembly

Latest action Apr 8, 2026

Sponsor: Jenifer Rajkumar (Assembly Member, District 38, Democratic)

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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 21, 2026. About our data

Summary

Prohibits the use of investment managers in the New York state and local police and fire retirement system; defines who qualifies as an investment manager.

Summary from NY Open Legislation. How we handle summaries

Amends the Retirement and Social Security Law.

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Governmental Employees · New York State Assembly

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Full history

  1. Apr 8, 2026

    Referred to committee

    REFERRED TO GOVERNMENTAL EMPLOYEES

    NY Assembly

Read the record