Bill Title: Allows a beneficiary of a member whose death occurs on or after July 1, 2022 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.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2022-05-10 - REPORTED AND COMMITTED TO FINANCE [S08400 Detail]

Text: Latest bill text (Amended) [HTML]

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