2013 New York Consolidated Laws
RSS - Retirement & Social Security
Article 4-B - (185 - 186) PUBLIC PENSION FUND GROUP LIFE INSURANCE
186 - Public pension fund group life insurance.

 
    §  186.  Public  pension  fund  group life insurance.   The trustee or
  trustees of a fund are authorized to take such steps as are necessary to
  afford any ordinary death benefit provided by such fund in the  form  of
  group  life insurance upon a determination that to do so would guarantee
  a more favorable tax  treatment  of  the  benefit  to  beneficiaries  of
  members on whose behalf such benefit is payable.