N.Y. Retirement & Social Security Law Section 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.

Source: Section 186 — Public pension fund group life insurance, https://www.­nysenate.­gov/legislation/laws/RSS/186 (updated Sep. 22, 2014; accessed Jun. 15, 2024).

Jun. 15, 2024

Last modified:
Sep. 22, 2014

§ 186’s source at nysenate​.gov

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