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NY S06854
NY S06854Authorizes Marie Glarakis, a former Suffolk county police officer who is receiving a performance of duty disability retirement, to change the designated beneficiary of her retirement benefits and her retirement option to single life allowance (Option 0).
summary
Introduced
03/25/2025
03/25/2025
In Committee
03/25/2025
03/25/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT authorizing Marie Glarakis to change the designated beneficiary of her retirement benefits
AI Summary
This bill provides a specific exception to existing retirement benefit regulations for Marie Glarakis, a former Suffolk County police officer who is currently receiving a performance of duty disability retirement. The bill allows her to change two key aspects of her retirement benefits: first, she can change her designated pension beneficiary (currently James Scandariato), and second, she can modify her retirement option from a "Joint allowance" to a "Single life allowance" (Option 0), which means her pension payments will cease upon her death and no beneficiary will receive continued benefits. To take advantage of this change, Glarakis must submit a request to the state comptroller within six months of the act's effective date. If she does so, her benefits will be recalculated and paid from the effective date of the act. The fiscal note indicates that if enacted during the 2025 Legislative Session, this change would result in an immediate past service cost of approximately $49,000, which will be shared by the State of New York and participating employers in the New York State and Local Police and Fire Retirement System (NYSLPFRS).
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
REFERRED TO CIVIL SERVICE AND PENSIONS (on 03/25/2025)
Official Document
bill text
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S6854 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S06854&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S06854 |
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