New York Laws
Title 7 - Death Benefits and Disability Retirement
61-A - Payment of Interest on Death Benefits and Accumulated Contributions.

§ 61-a. Payment of interest on death benefits and accumulated
contributions. Interest shall accrue against unpaid accidental and
ordinary death benefits plus the reserve-for-increased-take-home-pay
from the date of death of a member until payment thereof is made.
Interest shall accrue against accumulated member contributions from the
date of death until payment thereof is made, where no death benefit is
payable on account of such death. An application for the payment of such
benefits must be made in writing on a blank provided by the comptroller
for such purpose. Interest against the unpaid benefit shall be at the
rate provided for by subdivision one of section three-a of the general
municipal law.

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