|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jun 13, 2014||referred to civil service and pensions|
senate Bill S7834
Archive: Last Bill Status - In Senate Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S7834 - Details
- See Assembly Version of this Bill:
- Current Committee:
- Law Section:
S7834 - Sponsor Memo
BILL NUMBER:S7834 TITLE OF BILL: An act relating to granting retroactive retiree status to former New York city public-school teacher Israel Baum PURPOSE: The purpose of the bill is to enable the widow and children of Israel Baum to receive the pension benefits to which they would otherwise be entitled had Israel Baum formally completed his retirement before his untimely passing. SUMMARY OF PROVISIONS: The bill deems Israel Baum to have retired as of the date of his death and thus makes the New York City Board of Education responsible for providing pension benefits to his family. JUSTIFICATION: Israel Baum worked tirelessly for the New York City Board of Education for 35 years, serving most of those years as a beloved physics teacher in James Madison High School in Brooklyn, was deeply dedicated to the Board of Education and to his students, and routinely stayed many hours after the school day to ensure that his students received the very best lessons he could offer. Because of his many years of
S7834 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7834 I N S E N A T E June 13, 2014 ___________ Introduced by Sen. FELDER -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions AN ACT relating to granting retroactive retiree status to former New York city public-school teacher Israel Baum 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, Isra- el Baum, a member of the New York city teachers' retirement system having Tier III status, who was employed as a teacher by the New York City Board of Education from February 1, 1974 until his death on Septem- ber 20, 2009, and who became a member of the New York city teachers' retirement system on October 1, 1977, and who, for reasons not ascriba- ble to his own negligence, was not able to complete the retirement proc- ess before his untimely death, shall be deemed to have officially retired from the New York City Board of Education on September 20, 2009, if, on or before December 31, 2014, Mr. Baum's widow, Rochelle Baum, files a written application therefor, including a retirement benefit option election and election of the beneficiary of such benefits, with the head of the New York city teachers' retirement system; and upon receipt of such application, the head of the New York city teachers' retirement system shall calculate Israel Baum's retirement benefits retroactive to September 20, 2009 and thereafter and pay such benefits accordingly as if he had retired on September 20, 2009. The amount of benefits payable pursuant to this act shall be reduced by the ordinary death benefit which has been paid to Rochelle Baum, less the retroactive sum of previous years that is owed to Mrs. Baum, the exact amount to be calculated actuarially. Due to the length of his service, Mr. Baum was eligible to retire with full pension benefits. Mr. Baum's intent to retire was evidenced by the fact that he, along with his wife, Rochelle Baum, attended a special seminar for teachers given in February 2009 called "Getting Ready for Retirement"; this seminar was expressly designed for those members of the retirement system who were planning to retire within the year. The Baums received a letter dated January 22, 2009 confirming their participation. At the seminar, the Baums were EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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