N.Y. RSS Law § 61-A
This is the official text of N.Y. RSS Law § 61-A, part of New York’s RSS Law — part of the compiled statutory law of New York, published by the state as "RSS Law." Browse the sections below, each linked to its official government source.
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Payment of interest on death benefits and accumulated contributions
Official statutory text
§ 61-a. Payment of interest on death benefits and accumulated\ncontributions. Interest shall accrue against unpaid accidental and\nordinary death benefits plus the reserve-for-increased-take-home-pay\nfrom the date of death of a member until payment thereof is made.\nInterest shall accrue against accumulated member contributions from the\ndate of death until payment thereof is made, where no death benefit is\npayable on account of such death. An application for the payment of such\nbenefits must be made in writing on a blank provided by the comptroller\nfor such purpose. Interest against the unpaid benefit shall be at the\nrate provided for by subdivision one of section three-a of the general\nmunicipal law.\n
Status: in_force · Read it on the official government site
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