N.Y. Comp. Codes R. & Regs. tit. 2 § 333.2

Current through Register Vol. 46, No. 53, December 31, 2024

Section 333.2 - Payment of interest on death benefits

The rate of interest for unpaid accidental and ordinary death benefits, to accrue from the date of death of the member until payment of the benefit is made, is as follows:

(a) for those benefits due as a result of death prior to April 1, 1983, three per centum per annum; and

(b) for those benefits due as a result of death on or after April 1, 1983, five per centum per annum.

N.Y. Comp. Codes R. & Regs. Tit. 2 § 333.2