| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| Jan 08, 2014 |
referred to civil service and pensions |
| Mar 18, 2013 |
referred to civil service and pensions |
Senate Bill S4273
2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Civil Service And Pensions Committee
Actions
2013-S4273 (ACTIVE) - Details
- Current Committee:
- Senate Civil Service And Pensions
- Law Section:
- Retirement
2013-S4273 (ACTIVE) - Sponsor Memo
BILL NUMBER:S4273
TITLE OF BILL: An act to authorize the designated beneficiary or
beneficiaries of John E. Johnson to receive a death benefit equal to
three times his salary without reduction based on mortality
PURPOSE:
To provide a death benefit without penalty to the beneficiary or
beneficiaries of John E. Johnson.
SUMMARY OF PROVISIONS:
Section 1 - Provides that the beneficiary or beneficiaries of John E.
Johnson shall receive a death benefit based upon his pension reserve
calculated as if he died at the age of 60.
Section 2 - Contains the effective date.
JUSTIFICATION:
John E. Johnson was the Director of Clinton County Mental Health
Services who passed away unexpectedly February 18, 2004 at the age of
66 while attending a County Health Committee meeting. Mr. Johnson had
intended to retire within six months of his untimely death. However,
because John worked six years past the age of 60, his death benefit is
2013-S4273 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
4273
2013-2014 Regular Sessions
I N S E N A T E
March 18, 2013
___________
Introduced by Sen. LITTLE -- read twice and ordered printed, and when
printed to be committed to the Committee on Civil Service and Pensions
AN ACT to authorize the designated beneficiary or beneficiaries of John
E. Johnson 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 John E. Johnson, who was a member of the
New York state and local employees' retirement system and was employed
by the county of Clinton upon his death on February 18, 2004 at the age
of 66 years, shall be entitled to receive a death benefit equal to such
member's salary multiplied by three, plus the member's accumulated
contributions, if, on or before December 31, 2013, such beneficiary or
beneficiaries shall file an application therefor with the state comp-
troller.
S 2. This act shall take effect immediately.
Fiscal Note.--This bill will entitle the estate of John E. Johnson, a
former employee of the State of New York as well as Clinton County, to a
death benefit of three times salary, plus Mr. Johnson's accumulated
contributions, without any reduction for age.
If this bill were enacted, we anticipate that there will be an immedi-
ate past service cost of approximately $116,000, which will be shared by
the State of New York and all the participating employers of the New
York State and Local Employees' Retirement System.
Summary of relevant resources:
Data: March 31, 2012 Actuarial Year End File with distributions of
membership and other statistics displayed in the 2012 Report of the
Actuary and 2012 Comprehensive Annual Financial Report.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01121-02-3
S. 4273 2
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