Assembly Bill A4807

2021-2022 Legislative Session

Relates to death benefits for certain members under the jurisdiction of the department of corrections and community supervision

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly 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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2021-A4807 (ACTIVE) - Details

Current Committee:
Assembly Governmental Employees
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §§448 & 508, R & SS L
Versions Introduced in Other Legislative Sessions:
2015-2016: A7801
2017-2018: A5133, A10015
2019-2020: A6598

2021-A4807 (ACTIVE) - Summary

Relates to death benefits for certain members under the jurisdiction of the department of corrections and community supervision.

2021-A4807 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4807
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 8, 2021
                                ___________
 
 Introduced  by  M.  of A. JONES, WEPRIN, STIRPE, WILLIAMS, COLTON, COOK,
   SAYEGH, SMULLEN, J. M. GIGLIO, MONTESANO, DeSTEFANO, NORRIS, BRABENEC,
   B. MILLER, WALCZYK,  BLANKENBUSH,  SCHMITT,  MIKULIN,  REILLY,  RAMOS,
   GRIFFIN, HYNDMAN, DARLING, FERNANDEZ -- Multi-Sponsored by -- M. of A.
   BYRNES,  GUNTHER,  MANKTELOW,  SIMON  -- read once and referred to the
   Committee on Governmental Employees
 
 AN ACT to amend the retirement and social security law, in  relation  to
   death  benefits  for  certain members; and providing for the repeal of
   such provisions upon expiration thereof
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision b of section 448 of the retirement and social
 security law is amended by adding a new paragraph 3 to read as follows:
   3. PROVIDED FURTHER, NOTWITHSTANDING ANY OTHER PROVISION OF THIS ARTI-
 CLE TO THE CONTRARY, WHERE A MEMBER IS IN A TITLE AS DEFINED IN SUBDIVI-
 SION I OF SECTION EIGHTY-NINE OF THIS CHAPTER UNDER THE JURISDICTION  OF
 THE  DEPARTMENT OF CORRECTIONS AND COMMUNITY SUPERVISION, AND WOULD HAVE
 BEEN ENTITLED TO A SERVICE RETIREMENT BENEFIT AT THE TIME OF HIS OR  HER
 DEATH  AND  WHERE  HIS  OR  HER DEATH OCCURS ON OR AFTER JULY FIRST, TWO
 THOUSAND TWENTY-ONE, THE  BENEFICIARY  OR  BENEFICIARIES  MAY  ELECT  TO
 RECEIVE,  IN  A  LUMP SUM, AN AMOUNT PAYABLE WHICH SHALL BE EQUAL TO THE
 PENSION RESERVE THAT WOULD HAVE BEEN ESTABLISHED HAD THE MEMBER  RETIRED
 ON  THE  DATE OF HIS OR HER DEATH, OR THE VALUE OF THE DEATH BENEFIT AND
 THE RESERVE-FOR-INCREASED-TAKE-HOME-PAY, IF ANY, WHICHEVER IS GREATER.
   § 2. Subdivision b of section 508 of the retirement and social securi-
 ty law, as amended by chapter 476 of the laws of  2018,  is  amended  to
 read as follows:
   b.  A  member of a retirement system subject to the provisions of this
 article who is a police officer, firefighter, correction officer, inves-
 tigator revised plan member or sanitation worker and is in a plan  which
 permits  immediate  retirement  upon completion of a specified period of
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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