Permits a retired member to change their option election or designate a new beneficiary where the beneficiary has been convicted of a family offense.
Summary
Bill S06750 amends the retirement and social security law, the education law, and the administrative code of New York City to allow retired members to change their option election or designate a new beneficiary if their current beneficiary has been convicted of a family offense. This change aims to provide retired members, who are complainants in such cases, with the ability to protect their benefits from individuals who have committed offenses against them. The bill stipulates a 180-day period from the date of conviction for members to make these changes by submitting a written request to the retirement system.
Impact
The bill impacts state laws by introducing new provisions that allow for the modification of beneficiary designations in cases of family offenses. This change applies to various retirement systems and ensures that retired members are informed about their rights to change beneficiaries under these circumstances. The comptroller is tasked with ensuring that retired members receive proper notification of these provisions, which may lead to changes in administrative procedures within retirement systems.
Sentiment
The general sentiment surrounding Bill S06750 appears to be positive, as indicated by unanimous votes in committee and on the Senate floor. The bill has received support from various senators, reflecting a collective agreement on the importance of protecting retired members' rights in light of family offenses.
Contention
There are no notable points of contention reported in the discussions or voting history regarding Bill S06750. The unanimous support across multiple votes suggests that the bill is broadly accepted without significant opposition.
Same As
Permits a retired member to change their option election or designate a new beneficiary where the beneficiary has been convicted of a family offense.
To Amend Law Concerning Retirement Benefits; And To Prohibit Collection Of Benefits By Members, Retirants, Or Beneficiaries Of Retirement Systems Who Have Been Convicted Of Certain Offenses.
An act to amend Sections 75522, 75522.5, 75570, 75570.5, 75571.5, 75590, and 75591 of, and to add Section Sections 75571.7 and 75574 to, the Government Code, relating to judges’ retirement.
Authorizes 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).
Authorizes 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).