S 8408

  • New York Senate Bill
  • 2023 Regular Session
  • Introduced in Senate
  • Senate
  • Assembly
  • Governor

Allows beneficiaries of certain deceased members to elect to receive death benefits in a lump sum

Abstract

Allows a beneficiary of a member whose death occurs on or after July 1, 2024 and who would have been entitled to a service credit at the time of such member's death to elect to receive a lump sum payment equal to the pension reserve that would have been established had the member retired on the date of such member's death.

Bill Sponsors (1)

Votes


Actions


Jun 04, 2024

Senate

COMMITTEE DISCHARGED AND COMMITTED TO RULES

Senate

ORDERED TO THIRD READING CAL.1709

Senate

SUBSTITUTED BY A9084

May 07, 2024

Senate

REPORTED AND COMMITTED TO FINANCE

Jan 29, 2024

Senate

REFERRED TO CIVIL SERVICE AND PENSIONS

Bill Text

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Sources

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