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Assembly Bill A4896

2011-2012 Legislative Session

Increases the amount of a survivor's benefit of a retired state employee

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Archive: Last Bill Status - In Assembly Committee

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2011-A4896 (ACTIVE) - Details

Current Committee:
Assembly Governmental Employees
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd ยง657, R & SS L
Versions Introduced in 2009-2010 Legislative Session:
A4017

2011-A4896 (ACTIVE) - Summary

Increases the amount of a survivor's benefit of a retired state employee by $500; for state employees who retired prior to 4/1/1970, the benefit will increase from $2000 to $2500 and for state employees who retired after 4/1/1970, the benefit will increase from $3000 to $3500.

2011-A4896 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4896

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            February 9, 2011
                               ___________

Introduced by M. of A. McENENY, CLARK, ORTIZ, ENGLEBRIGHT -- Multi-Spon-
  sored  by -- M. of A.  CAHILL, COLTON, COOK, CUSICK, CYMBROWITZ, GOTT-
  FRIED, LUPARDO, PERRY, PHEFFER, WEISENBERG -- read once  and  referred
  to the Committee on Governmental Employees

AN  ACT  to amend the retirement and social security law, in relation to
  increasing the survivor's benefit of a retired state employee

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subdivision 2 of section 657 of the retirement and social
security law, as added by chapter 75 of the laws of 1989, is amended  to
read as follows:
  2.  The  amount  of a survivor's benefit under this section shall be a
lump sum of two thousand FIVE  HUNDRED  dollars,  except  that  where  a
retired  state employee dies while reemployed as provided in subdivision
four of this section or dies within  thirty  days  following  retirement
pursuant  to  subdivision  one of this section, the amount of the survi-
vor's benefit under this section, if any, shall be two thousand  dollars
OR  SUCH AMOUNT OTHERWISE RECEIVED PURSUANT TO THIS SUBDIVISION less any
ordinary death benefit, exclusive of any ordinary death benefit  attrib-
utable to the reserve-for-increased-take-home-pay, payable on account of
the  death  of  such  employee under a retirement system or pension plan
supported by funds of the state.
  S 2. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This bill will increase the Survivor's Benefit by $500.  For  eligible
state  employees  who  retired  prior to April 1, 1970, the benefit will
increase from $2,000 to $2,500 and  for  eligible  state  employees  who
retired  after  April  1, 1970, the benefit will increase from $3,000 to
$3,500.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01931-02-1

A. 4896                             2

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