613-A – Loans to Members of a Teachers’ Retirement System.
§ 613-a. Loans to members of a teachers’ retirement system. a. 1. A member of a teachers’ retirement system in active service who has credit for at least one year of member service may borrow, no more than once during each twelve-month period, an amount not exceeding seventy-five percent of the total contributions made pursuant […]
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 […]
615 – Duration.
§ 615. Duration. Notwithstanding any other provisions of this chapter or of any other law, the provisions of article fourteen of this chapter shall no longer apply to members to whom this article applies on the date article fifteen of this chapter becomes effective, provided, however, any member who has retired pursuant to the provisions […]
608 – Final Average Salary.
§ 608. Final average salary. a. For members who first become members of a public retirement system of the state before April first, two thousand twelve, a member’s final average salary shall be the average wages earned by such a member during any three consecutive years which provide the highest average wage; provided, however, if […]
609 – Credit for Service.
§ 609. Credit for service. a. Part-time service. 1. A member who works less than full time, which for the purposes of this section shall mean less than thirty hours a week, shall receive retirement credit for such service in accordance with the following provisions: (i) a member employed on an hourly basis who works […]
610 – Options.
§ 610. Options. a. Until the effective date of retirement a member may elect to receive the actuarial equivalent of the retirement allowance at the time of retirement, in the form of a smaller retirement allowance payable to such member for life and one of the following optional settlements; Option one. Upon the member’s death, […]
611 – Optional Retirement Program.
§ 611. Optional retirement program. a. Any optional retirement program authorized by state law which, on the day before the effective date of this article, would be available to an eligible employee subject to the provisions of article eleven of this chapter in lieu of joining a public retirement system of the state, will continue […]
607-E – Accidental Disability Retirement; Westchester County District Attorney Investigators.
§ 607-e. Accidental disability retirement; Westchester county district attorney investigators. The county of Westchester may elect to make the benefits provided in this section available to criminal investigators, senior criminal investigators, deputy chief criminal investigators, and chief criminal investigators who are in the employ of the Westchester county district attorney. a. A member shall be […]
607-F – Payment of Both Pensions for Accident and Other Benefits Prohibited; Westchester County District Attorney Investigators.
§ 607-f. Payment of both pensions for accident and other benefits prohibited; Westchester county district attorney investigators. a. If any benefits under the workers’ compensation law may be or become payable as the result of accidental disability or accidental death, no payment of any benefit shall be made pursuant to this article on account of […]