senate Bill S8658

2019-2020 Legislative Session

Authorizes Marie Glarakis to change the designated beneficiary of her retirement benefits

download bill text pdf

Sponsored By

Current Bill Status - Passed Senate


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (8)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jul 23, 2020 referred to governmental employees
delivered to assembly
passed senate
Jul 22, 2020 ordered to third reading cal.941
Jul 21, 2020 reported and committed to rules
Jul 20, 2020 reported and committed to finance
Jul 18, 2020 committee discharged and committed to civil service and pensions
Jul 01, 2020 referred to rules

Votes

view votes

Jul 22, 2020 - Rules committee Vote

S8658
19
0
committee
19
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Rules committee vote details

Jul 21, 2020 - Finance committee Vote

S8658
23
0
committee
23
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Finance committee vote details

Jul 20, 2020 - Civil Service and Pensions committee Vote

S8658
7
0
committee
7
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Civil Service and Pensions committee vote details

Civil Service and Pensions Committee Vote: Jul 20, 2020

S8658 (ACTIVE) - Details

See Assembly Version of this Bill:
A10815
Law Section:
Retirement

S8658 (ACTIVE) - Summary

Authorizes Marie Glarakis, a former Suffolk county police officer who is receiving a performance of duty disability retirement, to change the designated beneficiary of her retirement benefits and her retirement option to single life allowance (Option O).

S8658 (ACTIVE) - Sponsor Memo

S8658 (ACTIVE) - Bill Text download pdf


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

                                  8658

                            I N  S E N A T E

                              July 1, 2020
                               ___________

Introduced  by Sen. MARTINEZ -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules

AN ACT authorizing Marie Glarakis to change the designated   beneficiary
  of her 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,
Marie Glarakis, who  is  receiving  a  performance  of  duty  disability
retirement  from the New York State and Local Police and Fire Retirement
System and whom retired from the Suffolk  county  police  department  on
December 27, 2010, and who had previously named James Scandariato as her
designated pension beneficiary, shall be permitted to change her benefi-
ciary  and  her retirement option from "Joint allowance" to "Single life
allowance" (Option 0) wherein no beneficiary is selected and the pension
benefit ceases upon the death of the member, if on or before six  months
after  the  effective  date  of  this act, Marie Glarakis shall submit a
request therefor to the state comptroller. Such benefit shall be  recal-
culated  and  her  new  benefit amount shall be paid as of the effective
date of this act.
  § 2. This act shall take effect immediately.
  FISCAL NOTE.--Pursuant to Legislative Law, Section 50:
  This bill would authorize Marie Glarakis, who is receiving a  Perform-
ance  of  Duty disability retirement benefit from the New York State and
Local Police and Fire Retirement System (PFRS), to change her retirement
option election to a Single Life Allowance. At retirement, Ms.  Glarakis
selected  a Pop-Up Joint Allowance Full option with James Scandariato as
the designated beneficiary. The benefit would be recalculated and  paya-
ble as of the effective date of this bill with all payments ceasing upon
the death of the member.
  If  this  legislation  is enacted during the 2020 legislative session,
there will be an immediate past service cost of  approximately  $49,700.
This  cost  would  be  shared  by  the  State of New York and all of the
participating employers in the PFRS.
  Summary of relevant resources:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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