New York Laws
Title 8 - Death Benefits and Disability Retirement
360-B - Guaranteed Ordinary Death Benefit for Participating Employers.

(b) The guaranteed ordinary death benefit provided under this section
to the beneficiary of such employee shall be three times the
compensation earnable by him during his last twelve months of service as
a member, raised to the next higher multiple of one thousand dollars,
but in no event greater than twenty thousand dollars. Where such
employee dies before rendering one year of service, the death benefit
pursuant to this section shall be three times the compensation that the
member would have earned had he worked for twelve months prior to the
date of his death, raised to the next higher multiple of one thousand
dollars, but in no event greater than twenty thousand dollars.
(c) The beneficiary shall receive the benefits provided by this
section or those provided by section three hundred sixty of this
article, whichever are greater.
(d) The provisions of this section shall apply in the case of death
occurring on or after this section becomes law and prior to July first,
nineteen hundred seventy-four.

Structure New York Laws