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NY S08753

Bill

Status

Passed

12/28/2020

Primary Sponsor

Roxanne Persaud

Click for details

Origin

Senate

2019-2020 General Assembly

AI Summary

  • Authorizes Jolie Louise Baynes to file a service retirement application on behalf of her deceased father Johnny Baynes, a unified court system member of the New York state and local employees' retirement system who died March 26, 2020 from COVID-19 complications

  • Sets Johnny Baynes' retirement date as March 25, 2020 and allows his daughter to file with a joint allowance full option election form within one year of the act's effective date

  • Waives any pre-retirement ordinary death benefits under section 448 of the retirement and social security law upon filing of the service retirement application

  • Deducts any amounts already paid to the retirement system as a result of Johnny Baynes' death from his service retirement benefit on an actuarially equivalent basis

  • Establishes a one-time state cost of approximately $1.26 million (as of March 1, 2021) to be paid by New York State, with the act taking effect immediately

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

Committee Referrals

Ways and Means7/22/2020
Rules7/21/2020
Finance7/20/2020
Rules7/14/2020

Full Bill Text

No bill text available