Statute · New York Retirement & Social Security Law
N.Y. Retire. & Soc. Sec. Law § 186 — Public pension fund group life insurance
N.Y. Retire. & Soc. Sec. Law § 186
- Type
- Statute
- Source
- New York Retirement & Social Security Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 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…
Citator
N.Y. Retire. & Soc. Sec. Law § 186 — Public pension fund group life insurance is in force in the current edition of the Code, and nothing recorded condemns it.
§ 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.