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NY A10382
Bill
Status
Introduced
3/3/2026
Primary Sponsor
Edward Ra
Click for details
AI Summary
- Authorizes Angela Garguilo, beneficiary of deceased Justice Jerry Garguilo of the unified court system, to elect a lump sum death benefit payment
- Lump sum would equal the pension reserve calculated as if Justice Garguilo had retired on his date of death, or the standard death benefit plus reserve-for-increased-take-home-pay, whichever is greater
- Any death benefit previously paid to the beneficiary would be subtracted from the pension reserve amount
- Past service costs of $196,000 will be borne by the State of New York, with option to amortize over 10 years at $25,000 annually
- Exempts these provisions from the appropriation requirement under Section 25 of the retirement and social security law
Legislative Description
Authorizes a death benefit option for the beneficiary of deceased justice Jerry Garguilo, a justice of the unified court system.
Last Action
referred to governmental employees
3/3/2026
Committee Referrals
Governmental Employees3/3/2026
Full Bill Text
No bill text available