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NY A07397
Bill
Status
5/19/2023
Primary Sponsor
Jeffrey Dinowitz
Click for details
AI Summary
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Genesis Villella becomes eligible for accidental death benefits and special accidental death benefits payable to a spouse of a deceased police officer under New York City Administrative Code and General Municipal Law, despite being an unmarried dependent child of deceased Detective Miosotis Familia.
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Genesis receives 100% of the total annual accidental death benefit ($172,200 as of 2017, adjusted for cost-of-living increases) retroactively from Detective Familia's death on July 5, 2017, minus amounts already received before she turned age 23.
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Upon the youngest dependent (either Deliliah or Peter Vega, the twin siblings) reaching age 25, the total benefit is split equally three ways among Genesis, Deliliah, and Peter for the remainder of their lifetimes.
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The legislation increases the Present Value of Future Benefits and Unfunded Accrued Liability by approximately $6.0 million as of June 30, 2023, with an estimated $6.6 million increase in Fiscal Year 2025 employer contributions to the Police Pension Fund.
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The act takes effect immediately and is retroactively deemed effective as of July 5, 2017.
Legislative Description
Allows for Genesis Villella to qualify for and receive certain spousal accidental death benefits; splits such benefit equally between Genesis Villella and dependents Deliliah Vega and Peter Vega for the rest of such dependents' lifetimes, once the youngest dependent reaches the age of twenty-five.
Last Action
referred to governmental employees
1/3/2024