190 – Short Title.

§ 190. Short title. This act may be cited as the “Supplemental Retirement Allowance Act.”

191 – Definitions.

§ 191. Definitions. As used in this act: a. The term “state retired employee” shall mean a person sixty-two years of age or older who is retired, or any person retired for disability regardless of age, and receives, as a result of such retirement, a retirement allowance or pension from any state administered and operated […]

192 – Supplemental Retirement Allowances of Retired Employees.

§ 192. Supplemental retirement allowances of retired employees. Notwithstanding any other provision of the retirement and social security law, any state retired employee or state retired teacher, as defined by section one hundred ninety-one of this article, who, unless retired for disability, had at least five years of credited service at the time of his […]

193 – Authorization to Municipalities to Adopt Necessary Local Laws, Ordinances or Resolutions.

§ 193. Authorization to municipalities to adopt necessary local laws, ordinances or resolutions. Any municipality is hereby authorized and empowered to adopt and amend a local law, ordinance or resolution providing for supplemental retirement allowance payments both to local retired employees thereof and local retired teachers of a school district located therein. Any such local […]

194 – Payment of Supplemental Retirement Allowances.

§ 194. Payment of supplemental retirement allowances. On or before the last day of each month, there shall be paid to each state retired employee and state retired teacher, from the supplemental pension fund, the monthly supplemental retirement allowance payment to which he may be entitled under the provisions of this article.

195 – Rules and Regulations.

§ 195. Rules and regulations. The comptroller shall prescribe such rules and regulations as may be required for the effective administration of the provisions of this article relating to supplemental retirement allowance payments to state retired teachers and state retired employees.

196 – Information to Be Furnished to Comptroller.

§ 196. Information to be furnished to comptroller. The comptroller shall have authority to require any department or agency of the state to furnish him with such records, information and data as he may need to carry out the provisions of this article.

197 – Supplemental Pension Fund.

§ 197. Supplemental pension fund. As used in this article the supplemental pension fund is the special fund as provided by section one hundred sixty-seven of the retirement and social security law.

198 – Reimbursement for Payments to State Retired Teachers.

§ 198. Reimbursement for payments to state retired teachers. As soon as practicable after the close of each fiscal year of the state, the comptroller shall certify to the commissioner of education a statement of the total amount paid out by him during such fiscal year to state retired teachers pursuant to this article. Such […]

199 – Reimbursement by Participating Employers for Payments to Certain State Retired Employees.

§ 199. Reimbursement by participating employers for payments to certain state retired employees. a. Each participating employer of the New York state employees’ retirement system, as defined in subdivision twenty of section two of the retirement and social security law, shall contribute to the cost of providing supplemental retirement allowance payments to those state retired […]

200 – Reimbursement of Supplemental Pension Fund by the State.

§ 200. Reimbursement of supplemental pension fund by the state. The comptroller shall include with his budget estimate furnished to the governor for each fiscal year amounts estimated by him to be sufficient to reimburse the supplemental pension fund for: a. The cost of providing supplemental retirement allowance payments during the current fiscal year to […]

201 – Restriction on Use of Retirement or Pension Funds.

§ 201. Restriction on use of retirement or pension funds. No moneys belonging to any publicly administered and operated retirement or pension system or plan shall be appropriated or used for any purpose, or for any payment, authorized or required by this article.

202 – Limitations on Obligations.

§ 202. Limitations on obligations. The supplemental retirement allowances provided pursuant to this article shall not constitute membership in a pension or retirement system of the state or of a political subdivision thereof, nor shall the granting of such allowances create a contractual relationship between the state or a political division thereof and any retired […]

203 – Effect of Unconstitutionality in Part.

§ 203. Effect of unconstitutionality in part. If any clause, sentence, paragraph, subdivision, section or part of this article shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair or invalidate the remainder thereof, but shall be confined in its operation to the clause, sentence, paragraph, subdivision, […]