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Bill > S06641


NY S06641

NY S06641
Increases certain special accidental death benefits for state and local retirement system members.


summary

Introduced
03/19/2025
In Committee
05/22/2025
Crossed Over
06/09/2025
Passed
06/18/2025
Dead
Signed/Enacted/Adopted
06/18/2025

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the general municipal law and the retirement and social security law, in relation to increasing the special accidental death benefit of certain deceased members

AI Summary

This bill increases special accidental death benefits for state and local retirement system members by adjusting the percentage of the deceased member's salary that is paid to survivors. Specifically, the bill modifies the General Municipal Law and Retirement and Social Security Law to raise the special accidental death benefit percentages for deaths occurring in various calendar years from 1977 to 2024. For example, for a member who died in 1977, the benefit percentage would increase from 301.2% to 313.2% of the member's salary. The bill will take effect on July 1, 2025, and is expected to have a total fiscal impact of approximately $9.11 million, with costs shared between the State of New York and local participating employers. The special accidental death benefit is paid to the deceased member's surviving spouse, children under 18 (or under 23 if a student), or in some cases, to the member's parents. The increase applies to survivors of members who worked in various public service roles, including police, fire, sanitation, and other municipal departments.

Committee Categories

Labor and Employment

Sponsors (3)

Last Action

SIGNED CHAP.151 (on 06/18/2025)

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