N.Y. Retirement & Social Security Law § 61-a: Payment of interest on death benefits and accumulated contributions

§ 61-a. Payment of interest on death benefits and accumulated

contributions. Interest shall accrue against unpaid accidental and

ordinary death benefits plus the reserve-for-increased-take-home-pay

from the date of death of a member until payment thereof is made.

Interest shall accrue against accumulated member contributions from the

date of death until payment thereof is made, where no death benefit is

payable on account of such death. An application for the payment of such

benefits must be made in writing on a blank provided by the comptroller

for such purpose. Interest against the unpaid benefit shall be at the

rate provided for by subdivision one of section three-a of the general

municipal law.