S5849 (2023-24 session)
NY State bill
Allows a beneficiary of a member whose death occurs on or after July 1, 2023 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 Senate bill
- Session
- 2023-24 session
- Status
- Senate Floor Calendar
- Latest action date
- 2023-06-08
- Introduced
- 2023-03-20
- Same as
- A5630
- Substituted by
- A5630
- Law section
- Retirement and Social Security Law
Sponsors
- Robert Jackson State Senator, District 31
Co-sponsors
Heard in committee
- Civil Service And Pensions NY State Senate committee
- Finance NY State Senate committee
- Rules NY State Senate committee
Same as
- A5630 (2023-24 session) NY State bill
Substituted by
- A5630 (2023-24 session) NY State bill
Committee meetings
Committee meetings that took this bill up, from the Senate's published agendas. The Assembly does not publish its committee agendas in machine-readable form, so an Assembly committee's consideration of a bill is not on this list.
- Rules, 2023-06-09 Third reading
- Rules, 2023-06-08
- Civil Service And Pensions, 2023-04-25 Referred to committee; referred to Finance