Title RSS, Retirement & Social Security

§ 500. Application. a. Notwithstanding any other provision of law,\nexcept as otherwise provided in subdivisions c and f of this section,\nthe provisions of this article shall apply to all members who join or\nrejoin a public retirement system of the state on or after July first…

§ 501. 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. "Active service" shall mean service while being paid on the payroll\nof a participating employer.\n…

§ 502. Eligibility for service retirement benefits; minimum service\nrequirements. a. A member who first joins a public retirement system of\nthis state on or after June thirtieth, nineteen hundred seventy-six\nshall not be eligible for service retirement benefits hereunder unti…

§ 503. Eligibility for normal and early service retirement benefits;\nage and service requirements. a. The normal service retirement benefit\nspecified in section five hundred four of this article shall be payable\nto general members, other than elective members, who have met th…

§ 504. Service retirement benefits; general members. a. The service\nretirement benefit for general members at normal retirement age with\ntwenty or more years of credited service shall be a pension equal to\none-fiftieth of final average salary times years of credited service,\…

§ 504-a. Twenty-year retirement program for New York city correction\nmembers below the rank of captain. a. Definitions. The following words\nand phrases as used in this section shall have the following meanings\nunless a different meaning is plainly required by the context.\n 1…

§ 504-b. Twenty-year retirement program for New York city correction\nmembers of the rank of captain or above. a. Definitions. The following\nwords and phrases as used in this section shall have the following\nmeanings unless a different meaning is plainly required by the contex…

§ 504-c. Supplemental retirement allowance. Individuals who are\nreceiving benefits from the New York state and local employees'\nretirement system pursuant to this article and who will not be eligible\nfor escalation pursuant to section five hundred ten of this article\nshall b…

§ 504-d. Twenty-year retirement program for New York city correction\nmembers. a. Definitions. The following words and phrases as used in this\nsection shall have the following meanings unless a different meaning is\nplainly required by the context.\n 1. "New York city correctio…

§ 505. Service retirement benefits; police/fire members, New York city\nuniformed correction/sanitation revised plan members and investigator\nrevised plan members. a. The normal service retirement benefit for\npolice/fire members, New York city uniformed correction/sanitation\n…

§ 506. Ordinary disability benefits. a. A member in active service\nwho is not eligible for a normal retirement benefit shall, upon\ncompleting five years or more of service, be eligible for the ordinary\ndisability benefit described in subdivision b of this section if such\nmem…

§ 507. Accidental disability benefits. a. A member in active service,\nor a vested member incapacitated as the result of a qualifying World\nTrade Center condition as defined in section two of this chapter, who is\nnot eligible for a normal service retirement benefit shall be el…

§ 507-a. Disability retirement. a. Subject to the provisions of\nsubdivision e of this section, application for a disability retirement\nallowance for a member in the uniformed personnel in institutions under\nthe jurisdiction of the department of corrections and community\nsupe…

§ 507-b. Performance of duty disability retirement. a. Any member in\nthe uniformed personnel in institutions under the jurisdiction of the\ndepartment of corrections and community supervision or a security\nhospital treatment assistant, as those terms are defined in subdivision…

§ 507-c. Performance of duty disability retirement; New York city\ndepartment of correction. a. Any member in the uniformed personnel in\ninstitutions under the jurisdiction of the New York city department of\ncorrection, who becomes physically or mentally incapacitated for the\…

§ 507-d. Disability benefits. A county may elect to make the benefits\nprovided herein available to the sheriff, undersheriff, deputy sheriffs\nwho are engaged directly in criminal law enforcement activities, and\ncorrection officers who are in the employ of the county. Notwiths…

§ 507-e. Uniformed court officers and peace officers; certain\ndisabilities. Notwithstanding any provision of this chapter or of any\ngeneral, special or local law to the contrary, any member who is a\nuniformed court officer or peace officer in the unified court system who\ncon…

§ 507-f. Accidental disability retirement; Westchester county district\nattorney investigators. The county of Westchester may elect to make the\nbenefits provided in this section available to criminal investigators,\nsenior criminal investigators, deputy chief criminal investiga…

§ 507-g. Payment of both pensions for accident and other benefits\nprohibited; Westchester county district attorney investigators. a. If\nany benefits under the workers' compensation law may be or become\npayable as the result of accidental disability or accidental death, no\npa…

§ 507-h. Retirement for disability incurred in performance of duty;\nWestchester county district attorney investigators. a. The county of\nWestchester may elect to make the benefits provided herein available to\ncriminal investigators, senior criminal investigators, deputy chief…

§ 507-i. Disability benefits; Westchester county district attorney\ninvestigators. The county of Westchester may elect to make the benefits\nprovided in this section available to criminal investigators, senior\ncriminal investigators, deputy chief criminal investigators, and chi…

§ 508. Death benefits. a. A member of a retirement system who is\nsubject to the provisions of this article, exclusive of those members\nfor whom provision is made pursuant to subdivision b of this section,\nshall, at the time of first becoming a member thereof, make an election…

§ 508-a. Death benefit for vested members who die prior to retirement.\na. A death benefit plus the reserve-for-increased-take-home-pay, if any,\nshall be payable upon the death of a member of a retirement system who:\n 1. Died before the effective date of retirement while a mem…

* § 508-b. Death benefit for deputy sheriffs employed by Nassau\ncounty. Notwithstanding any provision of law to the contrary, where a\ndeputy sheriff would have been entitled to a service retirement benefit\nat the time of his or her death and where his or her death occurs on o…

* § 508-b. Death benefits for correction officers employed by Nassau\ncounty. a. As used in this section, the term "correction officer" shall\nmean a person employed by Nassau county with a title of correction\nrecruit, correction officer, correction corporal, correction sergean…

* § 508-b. Death benefits for correction officers employed by Suffolk\ncounty. 1. As used in this section, the term "correction officer" shall\nhave the same meaning as in subdivision e of section eighty-nine-f of\nthis chapter.\n 2. Notwithstanding any provision of law to the c…

* § 508-b. Death benefits for deputy sheriffs employed by Suffolk\ncounty. Notwithstanding any provision of law to the contrary, where a\ndeputy sheriff would have been entitled to a service retirement benefit\nat the time of his or her death and where his or her death occurs on…

§ 508-c. Death benefits for fire marshals employed by Nassau county.\na. As used in this section, the term "fire marshal" shall mean a member\nwho is employed by Nassau county with a title of county fire marshal,\nsupervising fire marshal, fire marshal, assistant fire marshal,\n…

§ 509. Accidental death benefits. a. The eligible beneficiary of a\nmember in service, or a vested member that dies as a result of a\nqualifying World Trade Center condition as defined in section two of\nthis chapter, shall be entitled to an accidental death benefit in the\nform…

§ 51. Refunds and withdrawals. a. A member under age sixty may\nwithdraw his accumulated contributions if he has been separated from\nservice for a period of at least fifteen days.\n b. A member sixty years of age or over, may elect, not later than\nfifteen days after filing his…

§ 510. Escalation of benefits. a. Service retirement, disability and\nsurvivor benefits shall be subject to annual escalation as provided in\nthis section.\n b. The term "full escalation date" shall mean:\n 1. The first day of the month following the date on which a member\natta…

§ 511. Coordination with social security benefits. a. A member's\nservice retirement or disability benefit shall be reduced by fifty\npercent of the primary social security retirement or disability benefit,\nas the case may be, commencing at (i) age sixty-two, with respect to\ns…

§ 512. Final average salary. a. A member's final average salary shall\nbe the average wages earned by such a member during any three\nconsecutive years which provide the highest average wage; provided,\nhowever, if the wages earned during any year included in the period used\nto…

§ 513. Credit for service. a. Part-time service.\n 1. A member who works less than full time, which for the purposes of\nthis article shall mean less than thirty hours a week, shall receive\nretirement credit for such service in accordance with the following\nprovisions:\n (i) A…

§ 514. Options. a. A member, or if he or she is an incompetent, the\nmember's spouse or the committee of such member's property, may elect to\nreceive the actuarial equivalent of the retirement allowance at the time\nof retirement, in the form of a smaller retirement allowance p…

§ 515. Optional retirement program. a. Any optional retirement program\nauthorized by state law which, on the day before the effective date of\nthis article, would be available to an eligible employee subject to the\nprovisions of article eleven in lieu of joining a public retir…

§ 516. Vesting. a. A member who has five or more years of credited\nservice upon termination of employment shall be entitled to a deferred\nvested benefit as provided herein.\n b. The deferred vested benefit of general members, except for general\nmembers in the uniformed correc…

§ 517. Member contributions. * a. Members shall contribute three\npercent of annual wages to the retirement system in which they have\nmembership, provided that such contributions shall not be required for\nmore than thirty years, for general members, or twenty-five years, for\n…

§ 517-a. Termination of membership. With respect to the New York\nstate employees' retirement system and the New York state and local\npolice and fire retirement system, membership in the retirement system\nshall cease upon the occurrence of any one of the following conditions:\…

§ 517-b. Loans to members of a teachers' retirement system. a. 1. A\nmember of a teachers' retirement system in active service who has credit\nfor at least one year of member service may borrow, no more than once\nduring each twelve-month period, an amount not exceeding seventy-…

§ 517-c. Loans to members of certain retirement systems. a. For the\npurposes of this section, the term "retirement board" or "board" shall\nmean the head of the retirement system as defined in subdivision\nthirteen of section five hundred one of this article.\n b. 1. A member o…

§ 518. Election of coverage under article. a. Except as provided in\nsubdivision c hereof, a member of a public retirement system of the\nstate on June thirtieth, nineteen hundred seventy-six who is not subject\nto the provisions of article eleven of this chapter may elect to be…

§ 519. Effect of other laws. 1. Any other provision of this chapter,\nof the state education law or of the administrative code of the city of\nNew York, or rules and regulations thereunder, relating to the\nreemployment of retired members, transfer of members and reserves\nbetwe…

§ 520. Duration. Notwithstanding any other provision of this chapter\nor of any other law, effective January first, nineteen hundred\nseventy-seven, all benefits provided by a public retirement system of\nthe state shall continue with respect to members to which this article\nis…

§ 530. Elimination of mandatory retirement. a. Notwithstanding any\nprovision of law, code, rule or regulation to the contrary and except as\nprovided in subdivisions b and c hereof, no member of a public\nretirement system or pension fund maintained by the state or a\nmunicipal…

§ 550. Definitions. For purposes of this article the terms:\n a. 1. "Member" shall mean a person who is employed as a sheriff,\nundersheriff or deputy sheriff who is engaged directly in criminal law\nenforcement activities that aggregate fifty per centum of his or her\nservice a…

§ 551. Optional retirement of certain members. a. Any member may elect\nto contribute to the retirement system on the basis of retirement upon\nhis or her completion of twenty-five years of total creditable service\non an allowance of one-fiftieth of his or her final average sal…

§ 552. Optional twenty year retirement plan for certain members whose\nemployer elects to provide same. a. Any member of the retirement system\nmay elect to become a member pursuant to the provisions of this section\nwithin one year after he or she becomes a member, if his or he…

§ 553. Additional pension benefit for members of optional twenty year\nretirement plan. a. A participating employer which has elected, or\nwhich elects to provide the benefits of the optional twenty year\nretirement plan for its employees as specified in section five hundred\nfi…

§ 554. Consistent provisions. Any other provisions of this chapter\nrelating to mandatory contribution to the retirement system based upon a\nmember's date of membership in such system shall not be deemed to be\naffected by the provisions of this article, and any member who on t…