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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. | |