NY S04725

Authorizes Michael Winston Hoard to file a new service retirement application and joint allowance full option election form on behalf of his deceased wife, Kathy Marie Dwyer-Hoard, who died after filing retirement paperwork but before her retirement became effective

Sets the deemed retirement date as October 21, 2019, four days prior to Kathy Marie Dwyer-Hoard's death

Requires the request to be submitted to the state comptroller within one year of the act's effective date

Waives any rights to the pre-retirement ordinary death benefit, with any death benefits already paid by NYSLERS to be deducted from future service retirement benefits

Estimated one-time cost to the State of New York of approximately $486,000, payable around March 1, 2026