Authorizes Thomas Collins to change his retirement benefit coverage with the New York state teachers' retirement system.

This bill authorizes Thomas Collins, a retired member of the New York State Teachers' Retirement System, to change his retirement benefit coverage. Collins, who retired on July 1, 2010, elected the maximum single life benefit but failed to change his option election within the required 30 days. The bill allows him to switch to the 100% joint and survivor option, designating his spouse as the beneficiary. Collins must repay approximately $139,000 in overpayments, while the remaining $64,000 will be covered by the employers of the retirement system members.

Authorizes Thomas Collins to change his retirement benefit coverage with the New York state teachers' retirement system.

This bill authorizes Thomas Collins, a retired member of the New York State Teachers' Retirement System, to change his retirement benefit coverage. Collins, who retired on July 1, 2010, elected the maximum single life benefit but failed to change his option election within the required 30 days. The bill allows him to switch to the 100% joint and survivor option, designating his spouse as the beneficiary. Collins must repay approximately $139,000 in overpayments, while the remaining $64,000 will be covered by the employers of the retirement system members.