BILL NUMBER: S5536B
SPONSOR: SKOUFIS
 
TITLE OF BILL:
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, asso-
ciate wardens or wardens employed by Orange county
 
PURPOSE:
The purpose of this bill is to provide a death gamble amortization for
correctional officers employed by Orange County.
 
SUMMARY OF PROVISIONS:
Section 1 adds a new Section 606-C to the Retirement and Social
Security Law that defines death benefits for corrections officers
employed by Orange County.
Section 2 states that all past service costs associated with implement-
ing this bill shall be borne by Orange County and may be amortized over
a period of 10 years.
Section 3 states that none of the provisions of this bill shall be
subject to the appropriation requirement of Section 25 of the Retirement
and Social Security Law.
Section 4 is the effective date.
 
JUSTIFICATION:
This bill provides Orange County correction officers with death gamble
benefits. The death gamble was enacted for New York law enforcement
officers, firefighters and teachers in 2000 (Chapter 554 of the Laws of
2000) to incentivize public employees who wish to work past retirement
age by providing that should the employee pass away before taking
retirement, his or her family shall be able to receive the full value of
his or her pension benefit. In extending this benefit to Orange County
correction officers, this bill helps both officers and local governments
because the County will be able to retain correction officers who may
have retired instead of working past normal retirement age.
 
LEGISLATIVE HISTORY:
New Bill.
 
STATE AND LOCAL FISCAL IMPLICATIONS:
See the fiscal note.
 
EFFECTIVE DATE:
This act shall take effect immediately.