A bill that would grant full pension benefits to the families of New York City Transit Authority workers who work past retirement eligibility but die before retiring passed in both the Senate and the Assembly this week.
Currently, the beneficiaries of transit workers over the age of 55 who die before filing for retirement are only eligible for three years of their loved one’s salary instead of their full pension. The legislation, known as the “Death Gamble Bill,” would grant a lump sum in the amount of the full pension to transit workers’ families.
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