Increases certain special accidental death benefits for state and local retirement system members.

This bill increases special accidental death benefits for certain deceased members of state and local retirement systems. It applies an additional 3.0% of the deceased member's final salary to the special accidental death benefit, effective July 1. The bill impacts survivors of NYCERS, POLICE, and FIRE who were employed in certain uniformed positions. The increased benefits will be funded by increasing billing rates charged annually.

Increases certain special accidental death benefits for state and local retirement system members.

This bill increases special accidental death benefits for certain deceased members of state and local retirement systems. It applies an additional 3.0% of the deceased member's final salary to the special accidental death benefit, effective July 1. The bill impacts survivors of NYCERS, POLICE, and FIRE who were employed in certain uniformed positions. The increased benefits will be funded by increasing billing rates charged annually.