Non-Contributory Plan with Guaranteed Benefits

For Tier 1, 2, 5 and 6 Members, and Tier 3 Members Covered by Article 11, (Section 375-e)

Tier 1 Death Benefits

Non-Contributory Plan with Guaranteed Benefits
For Tier 1, 2, 5 and 6 Members, and Tier 3 Members Covered by Article 11
(Section 375-e)

Ordinary Death Benefit

This benefit is equal to 1/12th (8.33 percent) of your last year’s earnings, multiplied by your years of service credit, up to 36 years.

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 375-c) as of your date of death.