NY S05849 | 2023-2024 | General Assembly

Status

Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on March 20 2023 - 25% progression
Action: 2023-06-09 - SUBSTITUTED BY A5630
Text: Latest bill text (Introduced) [HTML]

Summary

Allows a beneficiary of a member whose death occurs on or after July 1, 2023 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.

Tracking Information

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Title

Allows a beneficiary of a member whose death occurs on or after July 1, 2023 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.

Sponsors


Roll Calls

2023-06-09 - Senate - Senate Rules Committee Vote (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]
2023-06-09 - Senate - Senate Floor Vote - Final Passage (Y: 63 N: 0 NV: 0 Abs: 0) [PASS]
2023-04-25 - Senate - Senate Civil Service and Pensions Committee Vote (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2023-06-09SenateSUBSTITUTED BY A5630
2023-06-08SenateORDERED TO THIRD READING CAL.1810
2023-06-08SenateCOMMITTEE DISCHARGED AND COMMITTED TO RULES
2023-04-25SenateREPORTED AND COMMITTED TO FINANCE
2023-03-20SenateREFERRED TO CIVIL SERVICE AND PENSIONS

Same As/Similar To

A05630 (Same As) 2023-12-08 - tabled

New York State Sources


Bill Comments

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