SECTION 1. Subject to the approval of the board of directors of the New Bedford Police Association, a corporation duly established by law, and notwithstanding any general or special law to the contrary, said association may pay:
(i) to any beneficiaries named by a member of the association in good standing, a sum of $15,000, upon the death of such member, if the deceased was an active member of the New Bedford police department at the time of death;
(ii) to a member of the association in good standing, upon such person's resignation or retirement from the department, if such person has been pensioned from the department due to an injury or disability, a sum equal to the greater of: (A) $150 for each year of membership in the association, not to exceed 20 years; or (B) $1,000;
(iii) to a member of the association in good standing, who has been a member for at least 10 years, or has paid membership dues to the association amounting to those membership dues that would have been paid to the association over the immediately preceding 10 years pursuant to the by-laws or who had been pensioned from the department for any injury or other illness or disability, the greater of $3,750.00 or $375 for each full year of membership not to exceed 20 years, which
amount shall reduce the benefit otherwise payable pursuant to clauses (iv) and (v).
(iv) a sum equal to $1,000 or $150 for each year of membership in the association, not to exceed 20 years, to a member upon such person's resignation or retirement from the New Bedford police department, if such person was a member of the association in good standing and a member of the association for not less than 10 years;
(v) a sum of $7,500, less the sum of money paid pursuant to clauses (ii) or (iii), to any beneficiaries named by a member of the association, upon such member's death, if such person was a member of the association in good standing and a retired member of the New Bedford police department; and
(vi) a sum equal to $2,000 shall be paid to a member of the association in good standing upon the death of the wife or husband of said member, subject to a vote of approval of the board of directors of the association.
SECTION 2. Chapter 302 of the acts of 2012 is hereby repealed.
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