A9084 (2023-24 session)
NY State bill
Allows a beneficiary of a member whose death occurs on or after July 1, 2024 and who would have been entitled to a service credit at the time of such member's death to elect to receive a lump sum payment equal to the pension reserve that would have been established had the member retired on the date of such member's death.
- Title
- Allows beneficiaries of certain deceased members to elect to receive death benefits in a lump sum
- Type
- New York State Assembly bill
- Session
- 2023-24 session
- Status
- Vetoed
- Latest action date
- 2024-12-13
- Introduced
- 2024-02-06
- Same as
- S8408
- Law section
- Retirement and Social Security Law
Sponsors
Heard in committee
- Governmental Employees NY State Assembly committee
- Rules NY State Assembly committee
- Ways and Means NY State Assembly committee
- Rules NY State Senate committee
Same as
- S8408 (2023-24 session) NY State bill
Substituted for
- S8408 (2023-24 session) NY State bill