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NY S09276
Bill
Status
2/23/2026
Primary Sponsor
Luis Sepulveda
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AI Summary
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Allows beneficiaries of state-paid judges and justices who die in service to elect a lump sum death benefit equal to the pension reserve (as if the member had retired on the date of death) or the standard death benefit, whichever is greater
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Applies to state-paid judges and justices of the unified court system, retired judges/justices serving under certification, and housing judges of the NYC Civil Court
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Amends three sections of the retirement and social security law (sections 63-j, 508-d, and 606-d) to cover different retirement system tiers
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Increases annual state contributions by an estimated $310,000 beginning fiscal year 2027, with a one-time past service cost of $4.17 million (or $532,000 annually if amortized over 10 years)
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Affects approximately 1,261 state-employed judicial members with combined annual salaries of approximately $260 million
Legislative Description
Permits an eligible retirement system member to receive, in lieu of an ordinary death benefit, a death benefit such member would otherwise be entitled to receive provided such member is a state-paid judge or justice of the unified court system or a housing judge of the civil court of the city of New York.
Last Action
REPORTED AND COMMITTED TO FINANCE
3/10/2026