2006 New York Code - Exemption From Tax, Execution, Etc.

 
    §  13-181 Exemption from tax, execution, etc. The right of a person to
  a pension, a pension-providing-for-increased-take-home-pay, an  annuity,
  or  a retirement allowance, to the return of contributions, the pension,
  pension-providing-for-increased-take-home-pay,  annuity,  or  retirement
  allowance  itself,  any  optional  benefit,  any  other right accrued or
  accruing to any person under the provisions  of  this  chapter  and  the
  moneys  in  the  various  funds provided for by this chapter, are hereby
  exempt from any state or municipal tax, and  shall  not  be  subject  to
  execution, garnishment, attachment, or any other process whatsoever, and
  shall be unassignable except as in this chapter specifically provided.
    Notwithstanding  the  foregoing  provisions of this section, a retired
  member shall have the right, at any  time  after  the  retired  member's
  retirement,  to  execute and file a dues deduction authorization card or
  an authorization in writing with the New York city employees' retirement
  system authorizing the deduction from the  retired  member's  retirement
  allowance  of  membership  dues  or  premiums  for employee organization
  sponsored group insurance plans and the payment  thereof  to  a  retiree
  organization  of  which the retired member certifies he or she is then a
  member and which the retired member certifies is  then  affiliated  with
  either   an   employee  organization  certified  or  recognized  as  the
  collective bargaining representative of all employees in the negotiating
  unit of which the retired member was a part prior to his  retirement  or
  an  employee  organization with which such employee organization is then
  affiliated. The comptroller shall thereafter deduct from the  retirement
  allowance  of such retired member the amount of membership dues required
  to be paid by such retired member or premiums for employee  organization
  sponsored  group  insurance plans and shall transmit the sum so deducted
  to said retiree  organization.  Such  authorization  shall  continue  in
  effect  until revoked in writing by such retired member. The board shall
  determine the cost of administering deductions for premiums for employee
  organization sponsored group insurance plans and the  cost  incurred  by
  the  retirement  system  and  the  comptroller in administering the same
  shall be paid by the employee organization.