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Bill

S 5435

Authorizes Jonathan Grossman to apply for a recalculation of his retirement benefits

2025 Regular Session Introduced by Leroy Comrie

Bill S 5435 allows Jonathan Grossman to apply for a recalculation of his retirement benefits, potentially increasing his financial security in retirement.

REFERRED TO CIVIL SERVICE AND PENSIONS
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Bill Summary · S 5435

Summary of Bill S 5435

Bill Overview

  • Bill Number: S 5435
  • Title: Authorizes Jonathan Grossman to apply for a recalculation of his retirement benefits
  • Status: Referred to Civil Service and Pensions
  • Introduced On: February 21, 2025
  • Classification: Bill

Purpose and Intent

The primary purpose of Bill S 5435 is to authorize Jonathan Grossman to seek a recalculation of his retirement benefits. This bill aims to provide Mr. Grossman with the opportunity to reassess his retirement benefits, potentially leading to an adjustment that reflects changes in his service or contributions.

Key Provisions

  • Authorization for Recalculation: The bill specifically allows Jonathan Grossman to apply for a recalculation of his retirement benefits. This provision is crucial as it opens the door for Mr. Grossman to potentially receive a higher benefit amount based on updated calculations or criteria.

Affected Parties

  • Jonathan Grossman: The primary individual affected by this legislation is Jonathan Grossman, who will be directly able to apply for the recalculation of his retirement benefits.
  • Retirement System: The bill may also impact the retirement system or fund from which Mr. Grossman receives his benefits, as recalculating benefits could lead to changes in financial obligations.

Legislative Process

  • Current Status: As of the introduction date, the bill has been referred to the Civil Service and Pensions Committee for further consideration. This is a standard procedure for bills, allowing the committee to review the details and implications before it moves forward in the legislative process.

Related Legislation

  • Prior Session Bills:
    • S 4468
    • S 5526
    • S 7180
  • Companion Bill:
    • A 5885 (This bill may have similar provisions or objectives related to retirement benefits.)

Conclusion

Bill S 5435 seeks to provide Jonathan Grossman with the opportunity to reassess his retirement benefits, which could have significant implications for his financial security in retirement. The bill is currently under review by the Civil Service and Pensions Committee, where it will be evaluated for its merits and potential impact on the retirement system.

Compiled from official sources — confirm details with the bill’s official record.

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