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S07224 Summary:
BILL NO | S07224B |
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SAME AS | SAME AS A07563-B |
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SPONSOR | GOUNARDES |
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COSPNSR | ADDABBO, CHU, CLEARE, COMRIE, FERNANDEZ, JACKSON, KENNEDY, LIU, MANNION, MARTINEZ, MATTERA, PALUMBO, PARKER, RAMOS, RHOADS, SALAZAR, SCARCELLA-SPANTON, SKOUFIS, STAVISKY, WEBER, WEIK |
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MLTSPNSR | |
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Amd 604-b, R & SS L | |
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Provides an option for beneficiaries of NYC transit authority members to receive a lump sum equal to the pension reserve where a member who is eligible for a service retirement dies prior to filing for retirement. |