Allows Aileen Colon to file a new retirement application for her late husband, Santiago Francisco Mayol, a New York City Teachers' Retirement System.

This bill authorizes Aileen Colon, the widow of Santiago Francisco Mayol, to file a new service retirement application and option election form on behalf of her deceased spouse. The bill specifies that Mayol's date of retirement is deemed to be September 21, 2024. If approved, Colon would receive an annual retirement benefit of approximately $111,326, retroactive to Mayol's date of death. Additionally, a post-retirement lump sum death benefit of approximately $282,688 would be paid to Mayol's designated beneficiaries. These benefits would replace any Ordinary Death Benefit previously paid.

Allows Aileen Colon to file a new retirement application for her late husband, Santiago Francisco Mayol, a New York City Teachers' Retirement System.

This bill authorizes Aileen Colon, the widow of Santiago Francisco Mayol, to file a new service retirement application and option election form on behalf of her deceased spouse. The bill specifies that Mayol's date of retirement is deemed to be September 21, 2024. If approved, Colon would receive an annual retirement benefit of approximately $111,326, retroactive to Mayol's date of death. Additionally, a post-retirement lump sum death benefit of approximately $282,688 would be paid to Mayol's designated beneficiaries. These benefits would replace any Ordinary Death Benefit previously paid.