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Bill > S05726


NY S05726

NY S05726
Provides for certain death benefits to correction officers, correction officer-sergeants, correction officer-captains, assistant wardens, associate wardens or wardens employed by Orange county.


summary

Introduced
02/28/2025
In Committee
04/02/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the retirement and social security law, in relation to providing certain death benefits to correction officers, correction officer-sergeants, correction officer-captains, assistant wardens, associate wardens or wardens employed by Orange county

AI Summary

This bill provides enhanced death benefits for correction officers employed by Orange County, specifically for those with job titles including correction officer, correction officer-sergeant, correction officer-captain, assistant warden, associate warden, or warden. Under the new law, if a correction officer who would have been eligible for service retirement dies on or after the effective date of the legislation, their beneficiaries can receive a lump sum payment equal to either the pension reserve that would have been established had the member retired on their date of death, or the value of the death benefit and reserve-for-increased-take-home-pay, whichever is greater. Orange County will be responsible for all past service costs associated with implementing this provision, which can be amortized over a 10-year period. The fiscal note estimates that this will result in an approximately $42,000 annual increase in county contributions, with a one-time past service cost of around $324,000. The bill is designed to provide financial protection for the families of correction officers who die while still employed and eligible for retirement, ensuring they receive a substantial financial benefit.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (4)

Last Action

SUBSTITUTED BY A6756 (on 06/11/2025)

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