Bill Sponsors: NY S08408 | 2023-2024 | General Assembly

Bill Title: 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.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-06-04 - SUBSTITUTED BY A9084 [S08408 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Robert Jackson [D]PrimarySponsored BillsSD-031FollowTheMoneyBallotpediaVoteSmart

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