New York State Assembly

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S06640 Summary:

BILL NO	S06640
SAME AS	SAME AS A06784
SPONSOR	GOUNARDES
COSPNSR	ADDABBO, CLEARE, COMRIE, FERNANDEZ, JACKSON, LIU, MARTINEZ, MATTERA, PALUMBO, PARKER, RAMOS, RHOADS, SALAZAR, SCARCELLA-SPANTON, SKOUFIS, STAVISKY, WEBER, WEIK
MLTSPNSR
Amd §604-b, R & SS L
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.

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