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NY A10804
Bill
Status
12/28/2020
Primary Sponsor
Rodneyse Bichotte Hermelyn
Click for details
AI Summary
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Authorizes Jolie Louise Baynes to file a service retirement application on behalf of her deceased father, Johnny Baynes, a member of the unified court system and New York state and local employees' retirement system who died on March 26, 2020 from COVID-19 complications.
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Sets Johnny Baynes' retirement date as March 25, 2020, and permits a joint allowance full option election form to be filed within one year from the act's effective date.
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Waives any pre-retirement ordinary death benefits under section 448 of the retirement and social security law upon filing of the retirement application.
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Requires deduction of any amounts already paid to the estate due to Johnny Baynes' death from the service retirement benefit, calculated on an actuarially equivalent basis over Jolie Louise Baynes' expected lifetime.
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Imposes a one-time cost of approximately $1.26 million to be paid by the State of New York, with payment expected on March 1, 2021.
Legislative Description
Authorizes Jolie Louise Baynes, the daughter of Johnny Baynes, to file a new service retirement application and option election form with the New York state and local employees' retirement system on behalf of her deceased father.
Last Action
SIGNED CHAP.380
12/28/2020