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Life
Insurance/Death Benefits
LIFE INSURANCE & MORTUARY BENEFIT
Active
SBA MORTUARY BENEFITS |
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Death: Line of Duty |
Death: Non-Line of Duty |
SBA Mortuary Benefit |
$7,500 - Member |
$7,500 - Member
$7,500 - Spouse
$2,500 - Dependent child to age 19 |
SBA (Aetna) Term Life Insurance |
$250,000 - Member |
$250,000 - Member
$30,000 - Spouse
$5,000 - Dependent child to age 19 |
SBA Annuity Fund |
Based on length of service
(all contributions & earnings) |
Based on length of service
(all contributions & earnings) |
POLICE PENSION FUND / CITY OF NEW YORK |
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Death: Line of Duty |
Death: Non-Line of Duty |
Police Pension Fund |
Equal 100% of salary for surviving spouses until death or for dependent children until age 18 or age 23 if full time student.
Dependent parents are entitled to a 50% pension for the rest of their lives |
Three times the last year’s salary
(less than 20 years of service)
OR
Death Gamble(More than 20 years of service) - Lump sum or monthly (annuitize) payout equal to the reserves for a service retirement based on life expectancy |
Refund of Member’s
Pension Fund Contributions |
Based on length of service and amount |
Based on length of service and amount |
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Death: Line of Duty |
Death: Non-Line of Duty |
City of New York
Death Benefit Award |
$25,000 - Member |
N/A |
Note:The above is a summary of death benefits offered by the City of New York. For more complete information please call the New York City Police Pension Fund at (212) 693-5100 or via internet at www.nyc.gov/nycppf.
POLICE RELIEF FUND |
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Death: Line of Duty |
Death: Non-Line of Duty |
Police Relief Fund |
$20,000 |
10,000 |
PUBLIC SAFETY OFFICERS BENEFITS PROGRAM |
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Death: Line of Duty |
Death: Non-Line of Duty |
L.O.D. Combat Death Benefit (Federal Government) |
$295,194 |
N/A |
Members are reminded to ensure that their beneficiary information is up to date. For Union benefits, please check with the SBA Health and Welfare office at (212) 431-6555. For all other benefits please contact the Police Pension Fund at (212) 693-5100 or via internet at www.nyc.gov/nycppf.
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