Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
SECTION 1. Chapter 627 of the acts of 1987 is hereby amended by striking out section 1 and inserting in place thereof the following section:-
Section 1. The Watertown Police Relief Association, Incorporated, a corporation duly established under the laws of the commonwealth, upon the retirement or death of a member after May first, nineteen hundred and ninety-four is hereby authorized to pay a death benefit not to exceed twenty-five thousand dollars. At the time of retirement of such member in good standing, such member may receive an amount not to exceed ten thousand dollars. Any amount so paid shall reduce the death benefit otherwise payable on the death of such member.
SECTION 2. This act shall take effect as of May first, nineteen hundred and ninety-four.