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NY A10265

Bill

Status

Introduced

5/15/2024

Primary Sponsor

Jenifer Rajkumar

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Deems deceased firefighter Derek Floyd, who died on April 15, 2024, as an active member of the New York City Fire Pension Fund at the time of his death, despite his employment ending on November 9, 2023.

  • Entitles Derek Floyd's widow, Christine Floyd, to receive pension benefits she would have been entitled to if he had been an active fund member at death, including a Tier 3 Ordinary Death Benefit equal to three times his final salary (approximately $276,600).

  • Requires the New York City Fire Department to pay all implementation costs, with an expected employer contribution increase of $307,000 in fiscal year 2026 and $0 in all other years through 2049.

  • Takes effect immediately upon enactment.

Legislative Description

Provides New York city fire pension fund benefits to the widow of deceased firefighter Derek Floyd.

Last Action

referred to governmental employees

5/15/2024

Committee Referrals

Governmental Employees5/15/2024

Full Bill Text

No bill text available