620 – Benefit Limitations.
§ 620. Benefit limitations. 1. Notwithstanding any other law to the contrary, for all members of a public retirement system to which the state or a municipality contributes who join on or after January first, nineteen hundred ninety, the benefits payable shall be subject to the limitations set forth in section four hundred fifteen of […]
630 – Compensation Limitations.
§ 630. Compensation limitations. 1. In addition to any other applicable limitations on compensation provided by law, and notwithstanding any other law to the contrary unless otherwise permitted pursuant to subdivision four of this section, the amount of compensation of a member of the New York state and local employees’ retirement system or the New […]
640 – Excess Benefit Plan.
§ 640. Excess Benefit Plan. 1. Notwithstanding any other law to the contrary, the New York state and local employees’ retirement system and the New York state and local police and fire retirement system are hereby authorized to establish an excess benefit plan. The plan or plans shall constitute a qualified governmental excess benefit plan […]
645 – Benefits for Certain Members Who Re-Enter Public Service.
§ 645. Benefits for certain members who re-enter public service. 1. As used in this article the term “public retirement system” shall mean the New York state and local employees’ retirement system, the New York state teachers’ retirement system, the New York state and local police and fire retirement system, the New York city employees’ […]
650 – Application.
§ 650. Application. This article shall apply to a member of the New York city employees’ retirement system (i) who holds the position of bridge and tunnel officer, sergeant or lieutenant with the Triborough bridge and tunnel authority, and has received or receives an appointment to at least one such position from a competitive civil […]
651 – Reduction of Retirement Age.
§ 651. Reduction of retirement age. a. A member described in section six hundred fifty of this article may, subject to the provisions of subdivision b of this section (and notwithstanding the provisions for benefit reduction contained in subdivision a of section four hundred forty-two and subdivision c of section five hundred four of this […]
652 – Definitions.
§ 652. Definitions. a. The term “normal retirement age” shall mean age fifty-five for a member of Tier one, and age sixty-two for a member of Tier two, three or four. b. The term “covered employment” shall mean paid service as a bridge and tunnel officer, sergeant, lieutenant, assistant bridge and tunnel maintainer, bridge and […]
655 – Survivor’s Benefit.
§ 655. Survivor’s benefit. 1. a. The term “state employee” as used in this section shall mean a full time employee or officer of the state, whose salary is paid directly by the state. b. For the limited purposes of this section: (1) the term “state employee” as used in this section include a full […]
613-B – Loans to Members of Certain Retirement Systems.
§ 613-b. Loans to members of certain retirement systems. a. For the purposes of this section, the term “retirement board” or “board” shall mean the head of the retirement system as defined in subdivision f of section six hundred one of this article. b. 1. A member of the New York state and local employees’ […]
614 – Effect of Other Laws.
§ 614. Effect of other laws. a. Any other provision of this chapter, of the education law or of the administrative code of the city of New York, or rules and regulations thereunder, relating to the reemployment of retired members, transfer of members and reserves between systems and procedural matters including but not limited to […]