The bill amends the Second Class City Firemen Relief Law, originally enacted on May 25, 1933, to update provisions regarding membership requirements, pensions for surviving spouses, and eligibility criteria for beneficiaries. Key changes include the requirement for individuals eligible for membership to sign an acceptance of the act's provisions, which includes relinquishing rights to the fund upon resignation or dismissal. Additionally, the bill specifies that contributions to the fund will be six percent of monthly wages, with an added dollar contribution from beneficiaries. It also establishes that upon the death of a member in active service, the widow will receive monthly payments equal to fifty percent of the member's salary, supplemented by any payments from the Workers' Compensation Act.

The bill further clarifies the pension entitlements for surviving spouses and dependent children. It removes the stipulation that payments to surviving spouses terminate upon remarriage, allowing them to continue until their death. In cases where there are no surviving spouses, dependent children will receive a portion of the pension until they reach eighteen or marry. The bill also ensures that if there are no eligible survivors, the deceased member's contributions will be paid to their estate. Overall, these amendments aim to enhance the financial security of surviving family members of deceased fire department employees.