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NY S07884

Bill

Status

Introduced

6/16/2014

Primary Sponsor

Rules

Click for details

Origin

Senate

2013-2014 General Assembly

AI Summary

  • Susan Kupferman is deemed eligible for a service retirement benefit effective September 17, 2013 (her 55th birthday), despite dying on June 26, 2013, based on over 30 years of public service with the Metropolitan Transportation Authority.

  • Her spouse may file for the service retirement benefit on her behalf with the New York State and Local Employees' Retirement System on or before December 31, 2014.

  • Benefits shall be paid according to Susan Kupferman's option election form from her Article 15 disability retirement application, with all prior payments deducted from future benefit amounts.

  • Filing for service retirement constitutes a withdrawal of any disability retirement application and waives all rights to disability benefits, post-retirement death benefits, and ordinary death benefits under sections 508 or 606 of the Retirement and Social Security Law.

  • The legislation is estimated to cost the Metropolitan Transportation Authority approximately $403,000 as a one-time expense, with payment expected February 1, 2015.

Legislative Description

Relates to the payment of certain retirement benefits to the spouse of Susan Kupferman who died while an employee of the Metropolitan Transportation Authority.

Last Action

REFERRED TO RULES

6/16/2014

Committee Referrals

Rules6/16/2014

Full Bill Text

No bill text available