Marie Glarakis can change her retirement beneficiary and option to a single life allowance.
New York S06854 allows Marie Glarakis, a former Suffolk county police officer receiving a performance of duty disability retirement, to change her retirement beneficiary and option. Glarakis can switch from a joint allowance to a single life allowance, where no beneficiary is selected and benefits cease upon her death. If enacted, this bill will incur an immediate past service cost of approximately $49,000.
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