S T A T E O F N E W Y O R K
________________________________________________________________________
5970
2009-2010 Regular Sessions
I N A S S E M B L Y
February 23, 2009
___________
Introduced by M. of A. TITONE, TOBACCO -- read once and referred to the
Committee on Governmental Employees
AN ACT to authorize the designated beneficiary or beneficiaries of
Leonard Feder to receive a death benefit equal to three times his
salary without reduction based on mortality
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Notwithstanding any provision of law to the contrary, the
beneficiary or beneficiaries of Leonard Feder, who was a member of the
New York state and local employees' retirement system and was employed
by the division of lottery upon his death on October 28, 2006 at the age
of 83 years, shall be entitled to receive a death benefit equal to such
member's salary multiplied by three, less death benefits previously paid
to his beneficiary or beneficiaries, if, on or before December 31, 2009,
such beneficiary or beneficiaries shall file an application therefor
with the state comptroller.
S 2. This act shall take effect immediately.
FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
This bill would grant an increase in the death benefit payment to the
beneficiary of Leonard Feder, a former member of the New York State
Employees' Retirement System who was employed by the division of lottery
until his death on October 28, 2006 at the age of 83 years.
If this bill is enacted, there will be an immediate past service cost
of approximately $78,100 which would be shared by the State of New York
and all the participating employers in the New York State and Local
Employees' Retirement System.
This estimate, dated January 30, 2009, and intended for use only
during the 2009 Legislative Session, is Fiscal Note No. 2009-126,
prepared by the Actuary for the New York State and Local Employees'
Retirement System.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD06269-02-9