2010 New York Code
RSS - Retirement & Social Security
Article 4 - (160 - 173) SUPPLEMENTAL PENSION ACT
167 - Supplemental pension fund.

§  167.  Supplemental pension fund.   1. There is hereby established a
  special fund to be known as the supplemental  pension  fund.  Such  fund
  shall  consist  of  such  moneys  as  may be appropriated thereto by the
  legislature, and all other moneys received for such fund from any  other
  source pursuant to law.
    2.   Subject   to  the  provisions  of  the  state  finance  law,  the
  supplemental pension fund shall be under the jurisdiction and control of
  the comptroller, who shall be the custodian thereof.  The fund shall  be
  held  separate and apart from any other funds or moneys of the state and
  shall be used exclusively for the purpose of making supplemental pension
  payments to state retired employees  and  state  retired  teachers.  The
  comptroller  shall  have power to invest and keep invested moneys in the
  fund in accordance with the provisions of section  ninety-eight  of  the
  state finance law. Moneys of the fund shall be paid out only after audit
  by and on warrant of the comptroller.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.