ยง 360-c. Death benefit for vested members who die prior to retirement.
a. A death benefit plus the reserve-for-increased-take-home-pay shall be
payable upon the death of a member who:
1. Died before the effective date of retirement while a member of the
retirement system;
2. Had at least ten years of credited service at the time of death;
and
3. Died at a time and in a manner which did not result in the
eligibility of the member's estate or any beneficiary to receive any
other retirement system death benefits on account of such death.
b. Benefits provided under this section shall be payable to the
member's estate or the beneficiary or beneficiaries nominated by the
member on a designation of beneficiary form filed with the comptroller
pursuant to section sixty of this chapter, who would have been eligible
to receive benefits if benefits had become payable pursuant to such
section.
c. The amount of the benefit payable pursuant to this section shall be
equal to one-half of the amount of the ordinary death benefit which
would have been payable pursuant to section sixty of this chapter had
the member's death occurred on the last day of service upon which
membership was based.
Structure New York Laws
RSS - Retirement and Social Security
Article 8 - New York State and Local Police and Fire Retirement System
Title 8 - Death Benefits and Disability Retirement
360-A - Guaranteed Ordinary Death Benefit Payable Upon Death of State Employees.
360-B - Guaranteed Ordinary Death Benefit for Participating Employers.
360-C - Death Benefit for Vested Members Who Die Prior to Retirement.
361 - Accidental Death Benefit.
361-A - Special Accidental Death Benefit.
361-A*2 - Payment of Interest on Death Benefits and Accumulated Member Contributions.
362 - Ordinary Disability Retirement.
363 - Accidental Disability Retirement.
363-A - Firefighters and Police Officers; Certain Disabilities.
363-B - State Police Disability Retirement Allowance.
363-BB - State Police Accidental Disability Retirement Allowance.
363-C - Retirement for Disability Incurred in Performance of Duty.
363-D - Certain Impairments of Health; Presumption.
363-DD - Impairments of Health; Presumption.
363-F - Firefighters; Presumption in Certain Diseases.
363-FF - Firefighter Certain Impairments of Health; Presumption.
364 - Payment of Both Pensions for Accident and Other Benefits Prohibited.