2010 New York Code
RSS - Retirement & Social Security
Article 19-A - (910 - 911) BENEFIT ENHANCEMENTS FOR CERTAIN RETIREMENT SYSTEMS IN THE CITY OF NEW YORK
911 - Benefit enhancements.

§  911.  Benefit  enhancements.  a. 1. An eligible member other than a
  member of the New York city teachers' retirement system (i) with a  date
  of  membership  in  a  retirement  system  prior to July twenty-seventh,
  nineteen hundred seventy-six and (ii) who was in active service on  June
  first, two thousand and continued in active service until October first,
  two  thousand,  shall  receive  one-twelfth  of  a  year  of  additional
  retirement credit  for  each  year  of  retirement  credit  for  service
  rendered  as  of  the date of retirement, vesting, transfer or death, if
  applicable, up to a maximum of two  years  of  retirement  credit.  Such
  additional  credit  shall  be  available  for  all  purposes,  including
  fulfilling the qualifying service requirements of  Plans  A  and  C,  if
  applicable.
    2.  An  eligible member who is a member of the New York city teachers'
  retirement  system  (i)  with  a  date  of  membership  prior  to   July
  twenty-seventh,  nineteen hundred seventy-six and (ii) who was in active
  service on October first, two  thousand  and  (A)  continued  in  active
  service  up  to  and  including  June thirtieth, two thousand one, shall
  receive one-twelfth of a year of additional retirement credit  for  each
  year  of  retirement  credit  for  service  rendered  as  of the date of
  retirement, vesting, transfer or death, if applicable, up to  a  maximum
  of  one  year of retirement credit or (B) continued in active service up
  to and  including  June  thirtieth,  two  thousand  two,  shall  receive
  one-twelfth  of  a year of additional retirement credit for each year of
  retirement credit for service rendered as of  the  date  of  retirement,
  vesting,  transfer or death, if applicable, up to a maximum of two years
  of retirement credit. No eligible member shall  receive  more  than  two
  years  of  retirement  credit  pursuant to this section. Such additional
  credit shall be available for all  purposes,  including  fulfilling  the
  qualifying service requirements of Plan A or C, if applicable.
    3.  Notwithstanding  any  other  provisions  of  law,  if  the service
  retirement benefit of  an  eligible  member  is  subject  to  a  maximum
  retirement  benefit,  including  any  limitation imposed by section four
  hundred forty-four of this chapter, the additional benefit authorized by
  this subdivision shall be computed by multiplying the pensionable salary
  base times the number  of  years  of  service  credit  granted  by  this
  subdivision  times  the  benefit  fraction  of  the plan under which the
  employee retires.
    b.  1.  Subject  to  the  provisions  of  paragraph  one-a   of   this
  subdivision,  an  eligible  member  (i)  with  a date of membership in a
  retirement system on or  after  July  twenty-seventh,  nineteen  hundred
  seventy-six  and  (ii) who has ten or more years of membership or ten or
  more years of credited  service  with  a  retirement  system  under  the
  provisions  of  article fourteen or fifteen of this chapter shall not be
  required to contribute to a retirement system pursuant to  section  five
  hundred  seventeen  or  six  hundred  thirteen of this chapter as of the
  cessation date.
    1-a.  Notwithstanding  the  provisions  of  paragraph  one   of   this
  subdivision  or  any other provision of law to the contrary, a member of
  the New York city teachers' retirement system or the New York city board
  of education retirement system:
    (i) who is a twenty-seven  year  participant  in  the  age  fifty-five
  retirement  program  (as defined in paragraph twelve of subdivision a of
  section six hundred four-i of this chapter), and
    (ii) who becomes subject to the provisions of article fifteen of  this
  chapter  after the effective date of this paragraph, shall contribute to
  a retirement system pursuant to section six  hundred  thirteen  of  this
  chapter  until  he  or  she has completed twenty-seven years of credited
  service.

2. No contribution made to a retirement system by an  eligible  member
  prior  to the eligible member's cessation date shall be refunded, except
  as otherwise allowable pursuant to article fourteen or fifteen  of  this
  chapter.
    3.  Nothing  in  this  subdivision b shall affect the obligation of an
  eligible member to repay any contributions previously refunded  pursuant
  to  article  fourteen, fifteen or fifteen-D of this chapter in the event
  such person rejoins a retirement system.  Nothing  in  this  subdivision
  shall affect the obligation of an eligible member to pay such amounts as
  may  be  required by section five hundred seventeen, six hundred nine or
  six hundred thirteen of this chapter or by any other  provision  of  law
  for service rendered prior to such member's date of membership at a time
  such member was not a member of a retirement system.

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