Senate Bill S7120

2023-2024 Legislative Session

Authorizes Thomas Collins to file a request for change of benefit coverage with the New York state teachers' retirement system

download bill text pdf

Sponsored By

Current 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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2023-S7120 (ACTIVE) - Details

See Assembly Version of this Bill:
A6641
Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement
Versions Introduced in Other Legislative Sessions:
2015-2016: S7747
2017-2018: S9022, A10821
2019-2020: S5632, A7048
2021-2022: S6223, A7227

2023-S7120 (ACTIVE) - Summary

Authorizes Thomas Collins to file a request for change of benefit coverage with the New York state teachers' retirement system.

2023-S7120 (ACTIVE) - Sponsor Memo

2023-S7120 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7120
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                               May 18, 2023
                                ___________
 
 Introduced  by  Sen.  WEBER  -- 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 Thomas Collins to file a  request  for
   change  of  benefit coverage with the New York state teachers' retire-
   ment system

   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, Thomas Collins,
 who  is  currently  a  member of the New York state teachers' retirement
 system, who retired from Pearl River School District on  July  1,  2010,
 and  who  since  his  date  of retirement has been receiving the largest
 possible  retirement  benefit  under  the  maximum  retirement   benefit
 election,  and  who,  for  reasons not ascribable to his own negligence,
 even upon notice in 2010 from the retirement system of his  election  of
 the maximum retirement benefit election, failed to change his retirement
 option election prior to the expiration of the thirty days in accordance
 with  article  11  of  the education law and to nominate his wife as the
 beneficiary of the one hundred percent survivor option, shall be author-
 ized to change said maximum retirement option to the one hundred percent
 survivor option, if within one year of the effective date of  this  act,
 he  shall  file  a  written request on a form prescribed by the New York
 state teachers' retirement system  with  the  head  of  said  retirement
 system. Such change of benefit coverage shall be deemed to become effec-
 tive on July 1, 2010.
   §  2.  Any  costs  attributable  to  implementation  of the retirement
 election option change, authorized by section one of this act,  and  the
 recovery  for  the overpayment received by Thomas Collins since his date
 of retirement to change his election from the maximum benefit to the one
 hundred percent joint and survivor option with  Sandra  Collins  as  the
 beneficiary, shall be borne by Thomas Collins. The costs shall be calcu-
 lated from the date of his retirement, July 1, 2010, to the date his new
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10601-02-3
              

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