A6288 (2025-26 session)

NY State bill

Allows a beneficiary of a member whose death occurs on or after July 1, 2025 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
2025-26 session
Status
Stricken
Latest action date
2025-09-08
Introduced
2025-03-03
Same as
S6406
Law section
Retirement and Social Security Law

Sponsors

Co-sponsors

Heard in committee

Same as

Sources