185 – Definitions.

§ 185. Definitions. As used in this article, unless a different meaning clearly appears from the context: a. The term “fund” shall mean any public retirement system or pension fund which grants retirement or pension benefits to employees of the city of New York, employees of the state of New York, employees of any department […]

186 – Public Pension Fund Group Life Insurance.

§ 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 […]