Bill 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.

Spectrum: Moderate Partisan Bill (Democrat 4-1)

Status: (Introduced) 2023-06-09 - SUBSTITUTED BY A5630 [S05849 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Robert Jackson [D]	Primary	Sponsored Bills	SD-031	FollowTheMoney	Ballotpedia	VoteSmart
Senator Iwen Chu [D]	Cosponsor	Sponsored Bills	SD-017	FollowTheMoney	Ballotpedia	VoteSmart
Senator Patrick Gallivan [R]	Cosponsor	Sponsored Bills	SD-060	FollowTheMoney	Ballotpedia	VoteSmart
Senator Timothy Kennedy [D]	Cosponsor	Sponsored Bills	SD-063	FollowTheMoney	Ballotpedia	VoteSmart
Senator John Mannion [D]	Cosponsor	Sponsored Bills	SD-050	FollowTheMoney	Ballotpedia	VoteSmart

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