Title RSS, Retirement & Social Security

§ 1312. Benefit enhancements. Notwithstanding any other law to the\ncontrary, eligible employees shall be permitted to retire, without\npenalty, upon reaching age fifty-seven and completing at least thirty\nyears of credited service. Employees retiring pursuant to this section\n…

§ 1313. Additional member contributions. Upon election by the state of\nNew York, the retirement system shall require additional member\ncontributions to be paid by all eligible employees. The additional\nmember contributions to be paid by eligible employees shall be of a\nlevel…

§ 1314. Election not collectively bargained. The determination to make\nan election in accordance with this article shall not be deemed to be,\nor to relate to or affect, a term and condition of employment within the\nmeaning of article fourteen of the civil service law or any l…

§ 132. New York state social security agency established. There is\nhereby established in the state retirement system an agency of the state\nto be known as the "New York state social security agency." The director\nshall have charge of such agency.\n

§ 1320. 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 a. "Retirement system" shall mean the New York city employees'\nretirement system, the New York city …

§ 1321. Election of benefit enhancements. a. The city of New York may\nelect to provide its employees the benefit enhancements provided for in\nsection thirteen hundred twenty-two of this article.\n b. A separate election to provide benefit enhancements pursuant to\nsubdivision …

§ 1322. Benefit enhancements. Notwithstanding any other law to the\ncontrary, eligible employees shall be eligible to receive benefits\nspecified by the mayor of the city of New York, provided that the\npetition provided pursuant to subdivision c of section thirteen hundred\ntwe…

§ 1323. Additional member contributions. Upon election by the city of\nNew York, the retirement system shall require additional member\ncontributions to be paid by all eligible employees. The additional\nmember contributions to be paid by eligible employees shall be of a\nlevel …

§ 1324. Election not collectively bargained. The determination to make\nan election in accordance with this article shall not be deemed to be,\nor to relate to or affect, a term and condition of employment within the\nmeaning of article fourteen of the civil service law or any l…

§ 133. Agreement with federal secretary. 1. The director is hereby\nauthorized, on behalf of the state, to enter into an agreement with the\nfederal secretary for the purpose of extending old-age and survivors\ninsurance coverage to eligible employees of the state or of any\npol…

§ 134. Contributions by state employees. 1. Every employee of the\nstate, whose services are covered by the agreement with the federal\nsecretary entered into pursuant to section one hundred thirty-three of\nthis chapter, shall be required to pay into the contribution fund for\n…

§ 135. Contributions by the state. 1. On the certificate of the\ncomptroller, or his designee, and after audit by and upon the warrant of\nthe comptroller, there shall be paid into the contribution fund from\ntime to time from moneys appropriated therefor, contributions with\nre…

§ 136. Agreements with political subdivisions. 1. By the adoption of\na resolution in the manner provided by subdivision a of section thirty\nof this chapter, any political subdivision may elect to extend old-age\nand survivors insurance coverage to its eligible employees pursua…

§ 137. Termination of agreements with political subdivisions. 1. Upon\nthe failure of any political subdivision to comply substantially with\nany provision of its agreement or any modification thereof, this\narticle, or the regulations of the director, such agreement may be\nter…

§ 138. Contributions by political subdivisions and employees thereof.\n1. Each political subdivision, the agreement of which has been approved,\nis hereby authorized and directed to pay into the contribution fund at\nsuch time or times as the director may prescribe in his regula…

§ 138-a. Referenda among public employees; extension of old-age and\nsurvivors insurance. 1. As soon as practicable after the effective date\nhereof, the governor or the state agency or officer designated by him\nshall, in accordance with the applicable provisions of the federal…

§ 138-b. Use of annuity contributions to pay old-age and survivors\ninsurance contributions. 1. Where a retirement system or plan provides\nretirement allowances consisting of separate pensions and separate\nannuities, each member thereof whose position is also covered by old-ag…

§ 139. Costs of administration. 1. On and after April first, nineteen\nhundred fifty-five, the state and each political subdivision extending\nold-age and survivors insurance coverage to its employees shall\ncontribute to the annual cost of administering the provisions of this\n…

§ 14. Legal adviser. The attorney-general of the state shall be the\nlegal adviser of the retirement system.\n

§ 140. Recovery of delinquent payments. Amounts due from political\nsubdivisions under sections one hundred thirty-eight and one hundred\nthirty-nine of this chapter and which are unpaid after the final date\nfor their payment, may, at the request of the director and after writt…

§ 141. Contribution fund. 1. There is hereby established a special\nfund to be known as the social security contribution fund, which shall\nbe administered in accordance with the provisions of this section and\nthe state finance law. Such fund shall consist of, and there shall b…

§ 143. Restriction on use of retirement or pension funds. No moneys\nbelonging to any public administered and operated retirement or pension\nsystem or plan shall be appropriated or used for any purpose, or for any\npayment, authorized or required by this article.\n

§ 144. Regulations. The director shall prescribe such regulations as\nmay be required for the effective administration of the provisions of\nthis article.\n

§ 145. Limitations on obligations. Old-age and survivors insurance\ncoverage provided pursuant to this article shall not constitute\nmembership in a pension or retirement system of the state or of a\npolitical subdivision thereof, nor shall such coverage create a\ncontractual re…

§ 146. References in laws and documents. Reference in any general,\nspecial or local law, rule, regulation or public document to an existing\nsection, subdivision or other provision of article six of the civil\nservice law, as in force immediately prior to July first, nineteen\n…

§ 147. Separability clause. If any clause, sentence, paragraph,\nsubdivision, section or part of this article shall be adjudged by any\ncourt of competent jurisdiction to be invalid, such judgment shall not\naffect, impair or invalidate the remainder thereof, but shall be\nconfi…

§ 15. State supervision. The retirement system continued by this\narticle shall be subject to the supervision of the superintendent of\nfinancial services. Such supervision shall be in accordance with the\nprovisions of the insurance law to the extent that such provisions are\na…

§ 150. Short title. This article shall be known and may be cited as\nthe "New York state public retirement system reporting and disclosure\nact".\n

§ 151. Application. Notwithstanding any inconsistent provision of\nlaw, the provisions of this article shall apply to any public retirement\nsystem of the state and to any public employee pension plan administered\nby such system.\n

§ 152. Definitions. The following words and phrases, as used in this\narticle, shall have the following meanings, unless a different meaning\nis plainly required by the context:\n 1. "Beneficiary" shall mean a person who is receiving a benefit from a\npublic retirement system of…

§ 153. Summary plan description. 1. The head of each public\nretirement system shall prepare and publish a summary plan description\nof any public employee pension plan which is administered or maintained\nby such system and of any material modification or change in the terms\no…

§ 154. Reporting of member's benefit rights. 1. The head of the\nretirement system shall furnish annually to any member of a plan a\nstatement indicating, on the basis of currently available information:\n (a) the total accumulated plan benefits or the amount payable;\n (b) the …

§ 155. Limitations. Nothing contained in this article requiring\nreporting and disclosure shall be construed to create, revive, extend,\nor otherwise affect the entitlement of a member, retired member, or a\nbeneficiary to any retirement benefit.\n

§ 156. Definitions. The following words and phrases, as used in this\narticle, shall have the following meanings, unless a different meaning\nis plainly required by the context:\n 1. "Crime related to public office" shall mean any of the following\ncriminal offenses whether comm…

§ 157. Pension forfeiture. 1. Notwithstanding any other law to the\ncontrary, it shall be a term and condition of membership for every\npublic official that such public official's rights to a pension in a\nretirement system that accrue in such retirement system after his or her\…

§ 158. Pension contributions returned. 1. Any public official whose\npension is reduced or revoked pursuant to this article shall be entitled\nto a return of his or her contribution paid into the relevant retirement\nsystem, without interest.\n 2. Notwithstanding the provisions …

§ 159. Miscellaneous. The remedies provided for in this article are\nnot intended to substitute for, limit or supersede the lawful authority\nof any public officer, agency or other person to enforce any other right\nor remedy provided for by law.\n

§ 16. 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 and the\nchair…

§ 16-a. Amortization of amounts outstanding. a. On or before September\nfirst, nineteen hundred eighty-six, on the basis of the annual actuarial\nvaluation and appraisal procedure provided for in this article, the\ncomptroller shall determine the annual amounts that, had this se…

§ 16-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 …

§ 16-c. Amortization of a portion of the state's contribution bill for\nfiscal 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, tw…

§ 16-d. Amortization of a portion of the state's contribution bill for\nfiscal 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 bas…

§ 160. Short title of article. This article shall be known and may be\ncited as the "Supplemental Pension Act".\n

§ 161. Definitions. As used in this article: 1. The term "state\nretired employee" shall mean a person who shall have retired prior to\nJuly first, nineteen hundred sixty-one, and receives as a result of such\nretirement, a retirement allowance or pension from any state\nadminis…

§ 162. Retired employees and certain widows and dependents eligible\nfor supplemental pensions. 1. State retired employees and state retired\nteachers shall be entitled to receive, one month after such retirement,\nmonthly supplemental pension payments as provided in this articl…

§ 163. Computation of supplemental pensions. 1. The monthly\nsupplemental pension to be paid to a state retired employee shall be\ncomputed by\n (a) multiplying by forty (or forty-three and two-fifths in a case\nwhere a retired employee may under this act receive a maximum retir…

§ 164. Payment of supplemental pensions. On or before the last day of\neach month, there shall be paid to each state retired employee and state\nretired teacher, from the supplemental pension fund, the monthly\nsupplemental pension payment to which he may be entitled under the\n…

§ 165. Rules and regulations. The comptroller shall prescribe such\nrules and regulations as may be required for the effective\nadministration of the provisions of this article relating to\nsupplemental pension payments to state retired teachers and state\nretired employees.\n

§ 166. Information to be furnished to comptroller. The comptroller\nshall have authority to require any department or agency of the state to\nfurnish him with such records, information and data as he may need to\ncarry out the provisions of this article.\n

§ 167. Supplemental pension fund. 1. There is hereby established a\nspecial fund to be known as the supplemental pension fund. Such fund\nshall consist of such moneys as may be appropriated thereto by the\nlegislature, and all other moneys received for such fund from any other\n…