Senate Bill S6404A

2021-2022 Legislative Session

Relates to death benefits for members of the uniformed force of the New York city department of sanitation and members of the uniformed force of the New York city department of correction

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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

2021-S6404 - Details

See Assembly Version of this Bill:
A7335
Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §§448, 508 & 606, R & SS L; amd §13-148, NYC Ad Cd
Versions Introduced in Other Legislative Sessions:
2019-2020: S6132, A11161
2023-2024: S6308, A6578

2021-S6404 - Summary

Relates to death benefits for members of the uniformed force of the New York city department of sanitation and members of the uniformed force of the New York city department of correction; establishes that the beneficiaries of a member who would have been entitled to a service retirement benefit at the time of his or her death 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.

2021-S6404 - Sponsor Memo

2021-S6404 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6404
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                              April 27, 2021
                                ___________
 
 Introduced by Sen. GOUNARDES -- read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
 
 AN  ACT to amend the retirement and social security law and the adminis-
   trative code of the city of New York, in relation  to  death  benefits
   for  members of the uniformed force of the New York city department of
   sanitation and members of the uniformed force of  the  New  York  city
   department of correction
 
   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 THE UNIFORMED FORCE OF THE NEW
 YORK  CITY  DEPARTMENT  OF  SANITATION OR THE UNIFORMED FORCE OF THE NEW
 YORK CITY DEPARTMENT OF CORRECTION, 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
 service  without  regard  to  age or who is subject to the provisions of
 section five hundred four or five hundred five of  this  article,  shall
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

2021-S6404A (ACTIVE) - Details

See Assembly Version of this Bill:
A7335
Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §§448, 508 & 606, R & SS L; amd §13-148, NYC Ad Cd
Versions Introduced in Other Legislative Sessions:
2019-2020: S6132, A11161
2023-2024: S6308, A6578

2021-S6404A (ACTIVE) - Summary

Relates to death benefits for members of the uniformed force of the New York city department of sanitation and members of the uniformed force of the New York city department of correction; establishes that the beneficiaries of a member who would have been entitled to a service retirement benefit at the time of his or her death 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.

2021-S6404A (ACTIVE) - Sponsor Memo

2021-S6404A (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6404--A
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                              April 27, 2021
                                ___________
 
 Introduced by Sen. GOUNARDES -- read twice and ordered printed, and when
   printed to be committed to the Committee on Civil Service and Pensions
   --  recommitted  to  the  Committee  on  Civil Service and Pensions in
   accordance with Senate Rule 6, sec. 8 --  committee  discharged,  bill
   amended,  ordered reprinted as amended and recommitted to said commit-
   tee
 
 AN ACT to amend the retirement and social security law and the  adminis-
   trative  code  of  the city of New York, in relation to death benefits
   for members of the uniformed force of the New York city department  of
   sanitation  and  members  of  the uniformed force of the New York city
   department of correction
 
   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 THE UNIFORMED FORCE OF THE NEW
 YORK CITY DEPARTMENT OF SANITATION OR THE UNIFORMED  FORCE  OF  THE  NEW
 YORK  CITY  DEPARTMENT  OF CORRECTION, 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-TWO, 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
 service without regard to age or who is subject  to  the  provisions  of
 
              

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