Title RSS, Retirement & Social Security

§ 214-a. Continuation of service as elected official by certain\nretired persons. Notwithstanding the provisions of this chapter or any\nother state or local law to the contrary, an elected county, city, town,\nor village official may continue in a current term of such elective\…

§ 214-b. Pension rights of certain retired persons who are appointed\nto the office of New York city marshal. a. Notwithstanding the\nprovisions of this chapter or the provisions of any state or local law\nor charter to the contrary, no retired person who retired from (1) the\nN…

§ 215. Effective period. The privilege granted by this article to\nretired persons to continue as such and earn compensation in positions\nin public service shall remain in full force and effect until December\nthirty-first, nineteen hundred seventy-four.\n

§ 216. Constitutional convention delegates and employees. a.\nNotwithstanding anything to the contrary contained in this article or\nany other section of this chapter or any other provision of any general\nor local law, a member retired from any public pension system of the\nsta…

§ 217. Reporting requirements; school salary transparency and\ndisclosure. 1. A school district and a board of cooperative educational\nservices shall report all money earned by a retired person in their\nemploy that is in excess of the earnings limitation outlined in section\nt…

§ 22. Members' contributions and their use; annuity reserve fund. a.\nThe annuity reserve fund shall be the fund from which shall be paid all\nannuities and all benefits in lieu of annuities, payable pursuant to\nthis article.\n b. Upon retirement, a member's accumulated contrib…

§ 23. Employers' contributions and their use; pension accumulation\nfund. a. Except as otherwise provided pursuant to this article, the\npension accumulation fund shall be the fund in which shall be\naccumulated:\n 1. All contributions made by employers, and\n 2. All income rece…

§ 23-a. Statement of intent. a. This legislation is intended, by means\nof a comprehensive reform program, to strengthen the long-term fiscal\nhealth of the retirement system, to reduce the volatility of\ncontribution rates and to provide budget certainty for participating\nempl…

§ 24. Employers' contributions and their use; pension reserve fund.\na. The pension reserve fund shall be the fund from which shall be paid\nall pensions and all other benefits, except ordinary death benefits,\npayable wholly out of contributions made to the pension accumulation…

§ 25. Appropriations in retirement bills. The state shall make a\npayment to the retirement system in an amount equal to the value of the\nbenefits associated with prior service upon the enactment of a bill\nwhich enacts or amends any provision of law relating to a retirement\ns…

§ 290. Short title of article. This article shall be known and may be\ncited as the "Police and Fire Retirement System Act."\n

§ 292. Legislative intent. It is the intent of the legislature, by the\nenactment of this article, to establish a separate retirement system for\npolice officers and firefighters and to transfer thereto all police\nofficers and firefighters who, on the effective date of such art…

§ 293. Transfer of assets and liabilities. a. As used in this section,\n"assets of the employees' retirement system" means the assets of such\nsystem as shown on page four of the annual report as of March\nthirty-first, nineteen hundred sixty-seven, prepared for the New York\nst…

§ 294. Transfer of retirement membership, contributions, reserves and\nother credits of police officers and firefighters, and certain other\npersons. a. The membership in the employees' retirement system of police\nofficers and firefighters on the effective date of this article,…

§ 295. Payment of retirement allowances and transfer of reserves. a.\nOn the effective date of this article, all retired police officers and\nfirefighters, and other persons who have retired pursuant to the\nprovisions of sections eighty-one through eighty-eight, inclusive, of\n…

§ 296. Continuation of certain tables and rates. All tables,\nschedules, rates (including but not limited to regular and special\ndeficiency rates), regular and special deficiency periods, and other\nactuarial tables, rates and procedures in effect and used by the\nemployees' re…

§ 297. Transfer of records and documents. Records and documents of the\nemployees' retirement system relating to police officers and\nfirefighters and other persons who are members of such system pursuant\nto sections eighty-one to eighty-eight, inclusive, shall be transferred\n…

§ 298. Temporary advances. At any time after this article shall\nbecome law and prior to the date upon which assets and other funds are\ntransferred from the employees' retirement system to the retirement\nsystem established by this article, the comptroller is empowered, upon\nh…

§ 30. Participation by municipalities. a. A municipality may elect to\nparticipate in the retirement system. Such election shall be exercised\nby the adoption of a resolution approved by its local legislative body\nand any other body or officer required by law to approve resolut…

§ 302. Definitions. The following words and phrases as used in this\narticle shall have the following meanings unless a different meaning is\nplainly required by the context:\n 1. "Accumulated contributions." The sum of all the amounts deducted\nfrom the compensation of a member…

§ 31. Participation by public or quasi-public organizations. a. Any\npublic or quasi-public organization created wholly or partly or deriving\nits powers by the legislature of the state and which organization\nemploys persons engaged in service to the public or any state agency …

§ 31-a. Participation by school district public libraries. a. A\nschool district public library, by resolution legally adopted by its\nboard of trustees, may elect to become a participating employer in the\nretirement system, separate and distinct from the school district.\nAcce…

§ 31-b. Participation by the Upper Hudson Library System. a. The\nUpper Hudson Library System may, by resolution adopted by its board of\ntrustees and approved by the comptroller, elect to participate in the\nretirement system. Acceptance of its employees for membership in the\n…

§ 31-c. Participation by the Metropolitan Reference and Research\nLibrary Agency. a. The Metropolitan Reference and Research Library\nAgency may, by resolution adopted by its board of trustees and approved\nby the comptroller, elect to participate in the retirement system.\nAcce…

§ 31-d. Participation by the Pioneer Library System. a. The Pioneer\nLibrary System may, by resolution adopted by its board of trustees and\napproved by the comptroller, elect to participate in the retirement\nsystem. Acceptance of its employees for membership in the retirement\…

§ 31-e. Participation by the Keuka Lake watershed improvement\ncooperative. a. The Keuka Lake watershed improvement cooperative, by\nresolution legally adopted by its board of directors, may elect to\nbecome a participating employer in the retirement system. Acceptance of\nthe K…

* § 31-f. Participation by the Henry Viscardi school. a. The Henry\nViscardi school may, by resolution adopted by its board of trustees and\napproved by the comptroller, elect to participate in the retirement\nsystem. Acceptance of its employees for membership in the retirement\…

* § 31-f. Participation by the Northern Westchester joint water works.\na. The Northern Westchester joint water works may, by resolution adopted\nby its board of trustees and approved by the comptroller, elect to\nparticipate in the retirement system. Acceptance of its employees…

§ 310. Retirement system established; a corporation. The policemen's\nand firemen's retirement system is hereby established. Such system shall\nhave the powers and privileges of a corporation and shall be known as\nthe "New York State and local Police and Fire Retirement System.…

§ 311. Duties of comptroller; the actuary. a. The comptroller shall be\nthe administrative head of the police and fire retirement system.\nSubject to the limitations of this article and of law, he or she shall\nadopt and may amend, from time to time, rules and regulations for th…

§ 312. Statement of services. a. It shall be the duty of the head of\neach department or agency of the state government employing police\nofficers and/or firefighters, and of the chief fiscal officer of each\nparticipating employer, at the request of the comptroller, to submit t…

§ 313. Management of funds. a. The funds of the police and fire\nretirement system shall be managed in accordance with this section.\n b. The comptroller shall be trustee of the several funds of the police\nand fire retirement system. Such funds shall be invested by the\ncomptro…

§ 314. Legal adviser. The attorney general of the state shall be the\nlegal adviser of the police and fire retirement system.\n

§ 315. State supervision. The police and fire retirement system\nestablished by this article shall be subject to the supervision of the\nsuperintendent of financial services. Such supervision shall be in\naccordance with the provisions of the insurance law to the extent that\nsu…

§ 316. Annual appropriation by state. a. Upon the basis of each annual\nactuarial valuation and appraisal provided for in this article, the\ncomptroller, on or before the fifteenth day of October of each year,\nshall prepare and file with the director of the budget an itemized\n…

§ 316-a. Amortization of amounts outstanding. a. On or before\nSeptember first, nineteen hundred eighty-six, on the basis of the annual\nactuarial valuation and appraisal procedure provided for in this\narticle, the comptroller shall determine the annual amounts that, had\nthis …

§ 316-b. Notice of change. (1) The comptroller, on or before the\nfifteenth day of October of each year, shall submit to the director of\nthe division of the budget and the chairmen of the senate finance\ncommittee and the assembly ways and means committee written notice of\nany…

§ 316-c. Amortization of a portion of the state's contribution bills\nfor fiscal year ending March thirty-first, two thousand five. a. If the\ncomptroller, in his or her discretion, decides to permit amortization of\nemployer contributions, then, on or before October fifteenth, …

§ 316-d. Amortization of a portion of the state's contribution bills\nfor fiscal year ending March thirty-first, two thousand six. a. If the\ncomptroller, in his or her discretion, decides to permit amortization of\nemployer contributions pursuant to this section, then, on the b…

§ 317. Annual appropriation by participating employers. a. On or\nbefore the fifteenth day of November, nineteen hundred eighty-nine and\nof each succeeding year, the comptroller shall determine the amount\nwhich each participating employer is required to pay to the police and\n…

§ 317-a. Amortization of amounts outstanding. a. On or before\nSeptember first, nineteen hundred eighty-nine on the basis of the annual\nactuarial valuation and appraisal procedure provided for in this\narticle, the comptroller shall determine the annual amounts that, had\nthis …

§ 317-b. Amortization of a portion of the bills for participating\nemployers for the two thousand four--two thousand five fiscal year. a.\nIf the comptroller, in his or her discretion, decides to permit\namortization of employer contributions, then, on or about October\nfifteent…

§ 317-c. Amortization of a portion of the bills for participating\nemployers for the two thousand five--two thousand six fiscal year. a. If\nthe comptroller, in his or her discretion, decides to permit\namortization of employer contributions pursuant to this section, then,\non o…

§ 317-d. Amortization of a portion of the bills for participating\nemployers for the two thousand six--two thousand seven fiscal year. a.\nIf the comptroller, in his or her discretion, decides to permit\namortization of employer contributions pursuant to this section, then,\non …

§ 318. Guaranty. a. The latest employers of the different members\nshall be obligated for:\n 1. Regular interest charges payable, and special interest, if any, and\n 2. The creation and maintenance of reserves in the pension\naccumulation fund, and\n 3. The maintenance of annuit…

§ 319. Filing of documents with the retirement system. Whenever a\nstatute requires that a document be filed with the state comptroller, as\nadministrative head of the New York state and local police and fire\nretirement system, within a prescribed period of time or by a specifi…

§ 319-a. Employer contributions for the two thousand ten - two\nthousand eleven fiscal year and subsequent fiscal years. a. In addition\nto the definitions in section three hundred two of this article, when\nused in this section:\n (1) "Amortizing employer" shall mean an employe…

§ 32. Participation by certain New York city libraries. a. The boards\nof trustees of The New York Public Library, Astor, Lenox and Tilden\nFoundations, The Brooklyn Public Library and The Queens Borough Public\nLibrary, which organizations employ persons engaged in service to t…

§ 320. The funds of the police and fire retirement system. The funds\nhereby created are as follows:\n (a) the police and fire annuity savings fund, hereinafter referred to\nas the annuity savings fund;\n (b) the police and fire annuity reserve fund, hereinafter referred to\nas …

§ 321. Members' contributions and their use; annuity savings fund. a.\nThe annuity savings funds shall be the fund in which shall be\naccumulated all contributions made by members to provide for their\nannuities and their withdrawal allowances.\n b. Upon the basis of tables adop…