2015 New York Laws
RSS - Retirement & Social Security
Article 4-B - (Retirement & Social Security) PUBLIC PENSION FUND GROUP LIFE INSURANCE
186 - Public pension fund group life insurance.

NY Ret & SS L § 186 (2015) What's This?

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.


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