2006 New York Code - Payment Of Certain Pension Contributions By The City Of New York.



 
    * § 243-b. Payment of certain pension contributions by the city of New
  York.  As  used  in  this section, the term New York city veteran of the
  Persian Gulf emergency means a member of the New  York  city  employees'
  retirement  system,  the  teachers' retirement system of the city of New
  York, the New York city police pension fund,  the  New  York  city  fire
  department  pension fund, or the board of education retirement system of
  the city of New York, who is a member of  a  reserve  component  of  the
  armed  forces  of  the  United States ordered to active duty on or after
  August first, nineteen  hundred  ninety  and  prior  to  January  first,
  nineteen  hundred  ninety-three,  in  response  to the nation's military
  mission in the Persian Gulf, who is not receiving  full  salary  from  a
  participating  employer,  and  who  is  otherwise  eligible  to  receive
  retirement service credit in any of such systems  or  funds  for  active
  duty   pursuant   to  section  two  hundred  forty-two  or  two  hundred
  forty-three of this  article,  or  pursuant  to  the  federal  Veterans'
  Reemployment Rights Act.
    Notwithstanding  any other provision of law, all benefits payable by a
  retirement system or pension fund to a New  York  city  veteran  of  the
  Persian  Gulf  emergency  due  to the retirement or death of such member
  shall be calculated as though such member had actually paid  the  amount
  of  all  contributions, together with applicable interest thereon, which
  such member would have been required to make if, during  the  period  of
  active  duty,  because  of  such Persian Gulf emergency, such member had
  been present and continuously performed the duties of the position  held
  at the time of his or her entry into active duty.
    Each such member shall be credited with such contributions made on his
  or her behalf. The applicable interest thereon shall be calculated as to
  each  such  member  under the applicable provisions of law governing the
  crediting of interest to employee contributions for each such member.
    Notwithstanding any other provision of law, any  additional  liability
  attributable to this section shall be paid into the retirement system or
  pension  fund  by  participating  employers  at  such  times and in such
  amounts as determined  by  the  actuary  in  a  manner  consistent  with
  appropriate actuarial methodology.
    * NB There are 2 § 243-b's

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