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S07224 Summary:

BILL NOS07224A
 
SAME ASSAME AS A07563-A
 
SPONSORGOUNARDES
 
COSPNSRADDABBO, CHU, CLEARE, COMRIE, FERNANDEZ, JACKSON, KENNEDY, LIU, MANNION, MARTINEZ, MATTERA, PALUMBO, PARKER, RAMOS, RHOADS, SALAZAR, 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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