New York S 10471: Relates to providing cost-of-living adjustments

Bill Text

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S10471 Summary:

BILL NOS10471A

&nbsp

SAME ASNo Same As

&nbsp

SPONSORGOUNARDES

&nbsp

COSPNSR

&nbsp

MLTSPNSR

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Amd §§78-a & 378-a, R & SS L; amd §532-a, Ed L; amd §13-696, NYC Ad Cd

&nbsp

Relates to providing cost-of-living adjustments; increases benefits from fifty to one hundred percent.

Go to top S10471 Actions:

BILL NOS10471A

&nbsp

05/15/2026REFERRED TO CIVIL SERVICE AND PENSIONS

05/28/2026AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

05/28/2026PRINT NUMBER 10471A

Go to topS10471 Committee&nbspVotes:

Go to topS10471 Floor&nbspVotes:

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

Go to topS10471 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 10471--A

 IN SENATE

 May 15, 2026
 ___________

 Introduced by Sen. GOUNARDES -- read twice and ordered printed, and when
 printed to be committed to the Committee on Civil Service and Pensions
 -- committee discharged, bill amended, ordered reprinted as amended
 and recommitted to said committee

 AN ACT to amend the retirement and social security law, the education
 law and the administrative code of the city of New York, in relation
 to providing cost-of-living adjustments

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

 1 Section 1. Subdivision g of section 78-a of the retirement and social
 2 security law, as added by chapter 125 of the laws of 2000, is amended to
 3 read as follows:
 4 g. Notwithstanding any other provision of law, effective the first day
 5 of September, two thousand twenty-seven, the surviving spouse of a
 6 deceased retired member who retired under an option which provides that
 7 benefits are to be continued for life to the surviving spouse after the
 8 death of the retired member, shall be entitled to receive benefits
 9 pursuant to this section. Said benefits shall be [fifty] one hundred
 10 percent of the monthly benefits which the pensioner would be receiving
 11 pursuant to this section if living, and shall commence (i) with a
 12 payment for the month of September, two thousand twenty-seven, or (ii)
 13 the month following the death of the deceased retired member, whichever
 14 is later.
 15 § 2. Subdivision g of section 378-a of the retirement and social secu-
 16 rity law, as added by chapter 125 of the laws of 2000, is amended to
 17 read as follows:
 18 g. Notwithstanding any other provision of law, effective the first day
 19 of September, two thousand twenty-seven, the surviving spouse of a
 20 deceased retired member who retired under an option which provides that
 21 benefits are to be continued for life to the surviving spouse after the
 22 death of the retired member, shall be entitled to receive benefits
 23 pursuant to this section. Said benefits shall be [fifty] one hundred
 24 percent of the monthly benefits which the pensioner would be receiving
 25 pursuant to this section if living, and shall commence (i) with a

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD15258-03-6

 S. 10471--A 2

 1 payment for the month of September, two thousand twenty-seven, or (ii)
 2 the month following the death of the deceased retired member, whichever
 3 is later.
 4 § 3. Subdivision g of section 532-a of the education law, as added by
 5 chapter 125 of the laws of 2000, is amended to read as follows:
 6 g. Notwithstanding any other provision of law, effective the first day
 7 of September, two thousand twenty-seven, the surviving spouse of a
 8 deceased retired member who retired under an option which provides that
 9 benefits are to be continued for life to the surviving spouse after the
 10 death of the retired member, shall be entitled to receive benefits
 11 pursuant to this section. Said benefits shall be [fifty] one hundred
 12 percent of the monthly benefits which the pensioner would be receiving
 13 pursuant to this section if living, and shall commence (i) with a
 14 payment for the month of September, two thousand twenty-seven, or (ii)
 15 the month following the death of the deceased retired member, whichever
 16 is later.
 17 § 4. Subdivision g of section 13-696 of the administrative code of the
 18 city of New York, as added by chapter 125 of the l