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NY A09943

Bill

Status

Introduced

2/27/2018

Primary Sponsor

Richard Gottfried

Click for details

Origin

Assembly

2017-2018 General Assembly

AI Summary

  • Allows Abigail Rivera, widow of deceased NYPD officer Mark Rivera, to posthumously apply for Enhanced Tier 3 membership status on behalf of her husband within one year of the act's effective date.

  • Permits Ms. Rivera to file for any retirement options or death benefits that would have been available to Officer Rivera if he had been an Enhanced Tier 3 member on the date of his death (March 21, 2015).

  • Any amounts previously paid to Mark Rivera, his estate, or Abigail Rivera shall be deducted from benefits payable under this act.

  • Estimated financial impact of approximately $1.9 million in Actuarial Present Value of Benefits and Unfunded Accrued Liability as of June 30, 2017.

  • All costs associated with this act shall be borne by the City of New York, with increased employer contributions reflected in Fiscal Year 2020.

Legislative Description

Grants retroactive eligibility to apply for enhanced Tier 3 status to former New York City police officer Mark Rivera.

Last Action

substituted by s7780

6/20/2018

Committee Referrals

Ways and Means6/20/2018
Governmental Employees2/27/2018

Full Bill Text

No bill text available