Alternative Death Benefit
If you die while in service after age 55, an alternative death benefit may be payable. This benefit would be equal to the initial value of your pension under the provisions of the Non-Contributory Retirement Plan (Section 75-c) as of the date of death.
Out-of-Service Death Benefit
If you are a vested member with at least ten years of credited service, have not retired, and you die more than one year after leaving public employment, 50 percent of the death benefit may still be payable. This vested benefit is also payable if you die within one year of leaving covered employment but were gainfully employed during that time.