Increases special accidental death benefits for widows, widowers, and children of deceased state and local retirement system members.

The bill amends the General Municipal Law and the Retirement and Social Security Law to increase the special accidental death benefit (SADB) for widows, widowers, and children of deceased members of the state and local retirement system. The SADB is paid to the deceased member's surviving spouse or children under 18, or under 23 if a student. If neither a spouse nor a dependent child is alive, the SADB may be paid to the member's parents or other eligible individuals. The bill specifies a schedule for the percentage increase in the SADB based on the calendar year of the member's death.

Increases special accidental death benefits for widows, widowers, and children of deceased state and local retirement system members.

The bill amends the General Municipal Law and the Retirement and Social Security Law to increase the special accidental death benefit (SADB) for widows, widowers, and children of deceased members of the state and local retirement system. The SADB is paid to the deceased member's surviving spouse or children under 18, or under 23 if a student. If neither a spouse nor a dependent child is alive, the SADB may be paid to the member's parents or other eligible individuals. The bill specifies a schedule for the percentage increase in the SADB based on the calendar year of the member's death.