On Tuesday, Assemblywoman Marianne Buttenschon, D-119, Marcy, says she has sponsored legislation that would allow an amendment to the retirement and social security law, in relation to the death benefit provided in the third year following retirement for members of the New York state teachers' retirement system passed the state assembly, according to a release.
“An unfair statute in the New York State Teachers’ Retirement System (NYSTRS) has prevented retirees who joined the system after the age of 60 and their beneficiaries from getting the benefits they deserve. My bill removes this statute to bring New York into compliance with the federal Older Workers Benefit Protection Act, ensuring that certain retirees of the NYSTRS who joined the system after age 60 are still eligible for a death benefit not to be reduced below 10% of the benefit at the time they joined (A.7182),” Buttenschon said in a statement.
This bill will go into effect immediately, providing consistency for 1,300 state retirement system members who joined the retirement system after the age of 60.
Buttenschon sponsored this legislation in support of state residents who choose to become educators, while advocating for future teachers, a release continues.