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S3448Senate2009-2010 SessionSame asA7025

Assigns the late John Francis Covell to Tier 4 status in the New York state teachers' retirement system as of the date of his death

Sponsor William J. Larkin Jr.SD-39Affects Finance
Status
In Senate Committee
Civil Service And Pensions
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Civil Service And Pensions

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Who cares

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Sponsors

Primary sponsor
William J. Larkin Jr.

Senator · Senate District 39

No co-sponsors yet.

History

  1. Referred to civil service and pensions
  2. Referred to civil service and pensions

Companion bill

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

Title of bill

An act to assign the late John Francis Covell to tier 4 status in the New York state teachers' retirement system as of the date of his death

Purpose

This bill would allow Mrs. Florence M. Covell, widow of member John F. Covell who died in active service, to receive a Tier 4 active member death benefit. Mrs. Covell received the lesser Tier 1 death benefit because her husband was a Tier 1 member of the New York State Retirement System at the time of his death. He had recently completed a tier reinstatement from Tier 4 to Tier 1.

Summary of provisions

See the Purpose section above.

Justification

It seems that near the time of death of Mr. Covell, that Mr. Covell mistakenly filled out his retirement forms to transfer to Tier 1 status when that would not have been in the best interests of himself or his family. The bill corrects that misfortune due to the confusion of all parties at the time of Mr. Covell's death.

Legislative history

S.4294-A of 2008 S.3839-A of 2006

Fiscal implications

See bill.

Effective date

Immediate.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.