Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 07, 2023 |
reported and committed to finance |
Jan 18, 2023 |
referred to civil service and pensions |
Senate Bill S1992
2023-2024 Legislative Session
Sponsored By
(D, WF) 31st Senate District
Current Bill Status - In Senate Committee Finance 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
Actions
Votes
co-Sponsors
(D, WF) 40th Senate District
(D, WF) 37th Senate District
2023-S1992 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A6438
- Current Committee:
- Senate Finance
- Law Section:
- Retirement and Social Security Law
- Laws Affected:
- Amd §89-e, add §606-c, R & SS L
- Versions Introduced in 2021-2022 Legislative Session:
-
S8448, A9670
2023-S1992 (ACTIVE) - Sponsor Memo
BILL NUMBER: S1992 SPONSOR: JACKSON TITLE OF BILL: An act to amend the retirement and social security law, in relation to providing certain death benefits to correction officers, correction officer-sergeants, correction officer-captains, assistant wardens, asso- ciate wardens or wardens employed by Westchester county PURPOSE: The purpose of this bill is to provide a death gamble amortization for correctional officers employed by Westchester County. SUMMARY OF PROVISIONS: Section 1 adds a new subdivision k to Section 89-E of the Retirement and Social Security Law that allows correction officer beneficiaries to elect to receive, in a lump sum, an amount payable equal to the pension reserve that would have been established had the correction officer retired on the date of their death, or the value of the death benefit
2023-S1992 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1992 2023-2024 Regular Sessions I N S E N A T E January 18, 2023 ___________ Introduced by Sens. JACKSON, HARCKHAM, MAYER -- 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, in relation to providing certain death benefits to correction officers, correction officer-sergeants, correction officer-captains, assistant wardens, associate wardens or wardens employed by Westchester county THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 89-e of the retirement and social security law is amended by adding a new subdivision k to read as follows: K. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, WHERE A CORRECTION OFFICER WOULD HAVE BEEN ENTITLED TO RETIRE PURSUANT TO THIS SECTION AT THE TIME OF HIS OR HER DEATH AND WHERE HIS OR HER DEATH OCCURS ON OR AFTER THE EFFECTIVE DATE OF THE CHAPTER OF THE LAWS OF TWO THOUSAND TWENTY-THREE THAT ADDED THIS SUBDIVISION, 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 ESTAB- LISHED 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. The retirement and social security law is amended by adding a new section 606-c to read as follows: § 606-C. DEATH BENEFITS FOR CORRECTION OFFICERS EMPLOYED BY WESTCHES- TER COUNTY. A. AS USED IN THIS SECTION, THE TERM "CORRECTION OFFICER" SHALL MEAN A PERSON EMPLOYED BY THE WESTCHESTER COUNTY CORRECTION DEPARTMENT WITH A TITLE OF CORRECTION OFFICER, CORRECTION OFFICER-SER- GEANT, CORRECTION OFFICER-CAPTAIN, ASSISTANT WARDEN, ASSOCIATE WARDEN OR WARDEN. B. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, WHERE A CORRECTION OFFICER WOULD HAVE BEEN ENTITLED TO A SERVICE RETIREMENT EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. S LBD01825-02-3
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