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NY S00200
Bill
Status
5/23/2017
Primary Sponsor
Kathleen Marchione
Click for details
AI Summary
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Increases the base annual annuity amount payable to veterans and surviving spouses from the amount established in 2005 to $1,500, effective in 2019.
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Requires annual adjustments to annuity amounts based on the percentage increase in compensation and pension benefits from the U.S. Department of Veterans' Affairs, rounded up to the nearest one-tenth of one percent.
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Limits annual percentage adjustments to a minimum of 1 percent and maximum of 4 percent.
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Requires the Director of Veterans' Affairs to publish the adjusted annuity amount by February 1st each year, including posting on the division's website.
Legislative Description
Provides for an increase in the rates of annuities payable to veterans and surviving spouses of veterans.
Last Action
referred to ways and means
6/18/2018