New York A 7899: Relates to death benefits for members of the uniformed force of the fire department of the city of New York

Bill Text

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A07899 Summary:

BILL NOA07899 

&nbsp

SAME ASSAME AS S07113

&nbsp

SPONSORPheffer Amato

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §508, R & SS L

&nbsp

Provides for beneficiaries of the death benefits of an eligible uniformed member of the fire department of the city of New York the ability to elect to receive such benefits in a certain lump-sum amount.

Go to top A07899 Actions:

BILL NOA07899 

&nbsp

04/11/2025referred to governmental employees

01/07/2026referred to governmental employees

Go to topA07899 Committee&nbspVotes:

Go to topA07899 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA07899 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7899

 2025-2026 Regular Sessions

 IN ASSEMBLY

 April 11, 2025
 ___________

 Introduced by M. of A. PHEFFER AMATO -- read once and referred to the
 Committee on Governmental Employees

 AN ACT to amend the retirement and social security law, in relation to
 death benefits for members of the uniformed force of the fire depart-
 ment of the city of New York

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivision b of section 508 of the retirement and social
 2 security law, as amended by chapter 476 of the laws of 2018, is amended
 3 to read as follows:
 4 b. 1. A member of a retirement system subject to the provisions of
 5 this article who is a police officer, firefighter, correction officer,
 6 investigator revised plan member or sanitation worker and is in a plan
 7 which permits immediate retirement upon completion of a specified period
 8 of service without regard to age or who is subject to the provisions of
 9 section five hundred four or five hundred five of this article, shall
 10 upon completion of ninety days of service be covered for financial
 11 protection in the event of death in service pursuant to this subdivi-
 12 sion.
 13 2. Such death benefit shall be equal to three times the member's sala-
 14 ry raised to the next highest multiple of one thousand dollars, but in
 15 no event shall it exceed three times the maximum salary specified in
 16 section one hundred thirty of the civil service law or, in the case of a
 17 member of a retirement system other than the New York city employees'
 18 retirement system, or in the case of a member of the New York city
 19 employees' retirement system who is a New York city uniformed
 20 correction/sanitation revised plan member or an investigator revised
 21 plan member, the specific limitations specified for age of entrance into
 22 service contained in subparagraphs (b), (c), (d), (e) and (f) of para-
 23 graph two of subdivision a of this section.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD10891-02-5

 A. 7899 2

 1 3. (a) Provided further, notwithstanding any other provision of this
 2 article to the contrary, where a member is in the uniformed force of the
 3 fire department of the city of New York, including all enhanced plan
 4 members, and would have been entitled to either a normal service retire-
 5 ment benefit or early service retirement benefit at the time of such
 6 member's death, as defined in section five hundred five of this article,
 7 and where such member's death occurs on or after July first, two thou-
 8 sand twenty-five, the beneficiary or beneficiaries may elect to receive,
 9 in a lump sum, in lieu of any other lesser benefit, an amount payable
 10 which shall be equal to the pension reserve inclusive of the member's
 11 contributions plus interest, that would have been established had the
 12 member retired on the date of such member's death, or the value of the
 13 death benefit, whichever is greater.
 14 (b) A member, or on the death of such member, a person nominated by
 15 such member to receive their death benefit, may provide, by written
 16 designation, duly executed and filed with the administrative head of
 17 such retirement system, that such death benefit and the pension reserve
 18 inclusive of the member's contributions, shall be paid in the form of an
 19 annuity. Such designation shall be filed prior to or within ninety days
 20 after the death of the member. The amount of such a