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S06640 Summary:
BILL NO | S06640 |
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SAME AS | SAME AS A06784 |
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SPONSOR | GOUNARDES |
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COSPNSR | ADDABBO, CLEARE, COMRIE, FERNANDEZ, JACKSON, LIU, 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. |