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NY A09577

Bill

Official Source

Status

Introduced

3/21/2016

Primary Sponsor

Fred Thiele

Click for details

Origin

Assembly

2015-2016 General Assembly

AI Summary

  • Directs the New York State and Local Police and Fire Retirement System to pay Theodore Raffel's beneficiary the total contributions paid by the Village of Southampton on his behalf, approximately $118,000
  • Raffel served as a Southampton police officer from 1966 until his death on June 1, 1986
  • Payment shall include interest compounded annually from June 1, 1986 to May 31, 2016, calculated at the rate established under Retirement and Social Security Law Section 1202
  • Payment amount is reduced by any sums previously paid to the beneficiary by the retirement system
  • Takes effect immediately upon enactment

Legislative Description

Relates to providing an increased death benefit for the survivors of Theodore Raffel.

Last Action

substituted by s7056

6/16/2016

Committee Referrals

Rules6/16/2016
Ways and Means6/14/2016
Governmental Employees3/21/2016

Full Bill Text

No bill text available