Senate Bill S3474A

2019-2020 Legislative Session

Relates to authorizing the son of Barry M. Dennis to be designated the beneficiary of his retirement benefits

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Sponsored By

Archive: Last Bill Status - In Senate Committee Civil Service And Pensions Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

2019-S3474 - Details

See Assembly Version of this Bill:
A7426
Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement
Versions Introduced in 2019-2020 Legislative Session:
S3474, A7426

2019-S3474 - Summary

Relates to authorizing the son of Barry M. Dennis, Gregory Dennis, to be designated the beneficiary of his retirement benefits by Bruce M. Dennis acting in his capacity as power of attorney.

2019-S3474 - Sponsor Memo

2019-S3474 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3474
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             February 7, 2019
                                ___________
 
 Introduced  by  Sen.  KAPLAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
 
 AN ACT in relation to authorizing the son  of  Barry  M.  Dennis  to  be
   designated the beneficiary of his retirement benefits
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Notwithstanding any other provision of law to the contrary,
 Gregory Dennis, who had been named as the survivor  beneficiary  of  his
 father Barry M.  Dennis, a former employee of the Nassau County district
 attorney's  office,  on  June  7,  2017 by Bruce M. Dennis acting in his
 capacity as power of attorney for his brother Barry  and  who  had  been
 confirmed  as  the  beneficiary  in a letter from the New York state and
 local employees' retirement system dated June 19, 2017 and who was later
 informed in a letter dated July 14, 2017 which was received by Bruce  M.
 Dennis  on  July  19,  2017  that as a result of a statutory gifts rider
 pursuant to section 5-1514 of the general obligations law not  adjoining
 the  statutory  short  form power of attorney that the paper work naming
 Gregory Dennis as the beneficiary was not properly submitted  and  as  a
 result the only option that was legally available to Barry M. Dennis was
 "Option  0"  wherein  no beneficiary is selected and the pension benefit
 cease upon the death of the member, shall be deemed the  beneficiary  of
 the retirement benefits of Barry M. Dennis as if such required statutory
 gifts  rider  had  been  present,  and shall receive the option that was
 selected on the option election form that was rejected due to the  unac-
 ceptable  power  of attorney, if on or before December 31, 2019 Bruce M.
 Dennis shall submit a request therefor to the state comptroller.
   § 2. Any amounts paid by the  New  York  state  and  local  employees'
 retirement  system  to  Barry  M. Dennis, his estate or to his benefici-
 aries, which exceed those amounts that would have been payable  if  such
 required  statutory  gift rider had been present, will be deducted on an
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02363-02-9
              

2019-S3474A (ACTIVE) - Details

See Assembly Version of this Bill:
A7426
Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement
Versions Introduced in 2019-2020 Legislative Session:
S3474, A7426

2019-S3474A (ACTIVE) - Summary

Relates to authorizing the son of Barry M. Dennis, Gregory Dennis, to be designated the beneficiary of his retirement benefits by Bruce M. Dennis acting in his capacity as power of attorney.

2019-S3474A (ACTIVE) - Sponsor Memo

2019-S3474A (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  3474--A
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             February 7, 2019
                                ___________
 
 Introduced  by  Sen.  KAPLAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
   -- committee discharged, bill amended, ordered  reprinted  as  amended
   and recommitted to said committee
 
 AN  ACT  in  relation  to  authorizing  the son of Barry M. Dennis to be
   designated the beneficiary of his retirement benefits
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Notwithstanding any other provision of law to the contrary,
 Gregory  Dennis,  who  had been named as the survivor beneficiary of his
 father Barry M.  Dennis, a former employee of the Nassau County district
 attorney's office, on June 7, 2017 by Bruce  M.  Dennis  acting  in  his
 capacity  as  power  of  attorney for his brother Barry and who had been
 confirmed as the beneficiary in a letter from the  New  York  state  and
 local employees' retirement system dated June 19, 2017 and who was later
 informed  in a letter dated July 14, 2017 which was received by Bruce M.
 Dennis on July 19, 2017 that as a result  of  a  statutory  gifts  rider
 pursuant  to section 5-1514 of the general obligations law not adjoining
 the statutory short form power of attorney that the  paper  work  naming
 Gregory  Dennis  as  the beneficiary was not properly submitted and as a
 result the only option that was legally available to Barry M. Dennis was
 "Option 0" wherein no beneficiary is selected and  the  pension  benefit
 cease  upon  the death of the member, shall be deemed the beneficiary of
 the retirement benefits of Barry M. Dennis as if such required statutory
 gifts rider had been present, and shall  receive  the  option  that  was
 selected  on the option election form that was rejected due to the unac-
 ceptable power of attorney, if on or before six months after the  effec-
 tive  date  of this act, Bruce M. Dennis shall submit a request therefor
 to the state comptroller.
   § 2. Any amounts paid by the  New  York  state  and  local  employees'
 retirement  system  to  Barry  M. Dennis, his estate or to his benefici-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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