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A07335 Summary:

BILL NOA07335
 
SAME ASSAME AS S06404
 
SPONSORAbbate
 
COSPNSR
 
MLTSPNSR
 
Amd §§448, 508 & 606, R & SS L; amd §13-148, NYC Ad Cd
 
Relates to death benefits for members of the uniformed force of the New York city department of sanitation and members of the uniformed force of the New York city department of correction; establishes that the beneficiaries of a member who would have been entitled to a service retirement benefit at the time of his or her death may elect to receive, in a lump sum, an amount payable which shall be equal to the pension reserve that would have been established had the member retired on the date of his or her death, or the value of the death benefit and the reserve-for-increased-take-home-pay, if any, whichever is greater.
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