2012 New York Consolidated Laws
GMU - General Municipal
Article 10 - (200 - 209-Z) FIREMEN AND POLICEMEN
207-E - Minimum retirement benefits for policemen in cities and who are members of police pension or retirement systems maintained by such cities.

 
    * § 207-e. Minimum retirement benefits for policemen in cities and who
  are  members  of police pension or retirement systems maintained by such
  cities. 1. Notwithstanding the provisions of  any  general,  special  or
  local  law,  charter or administrative code to the contrary, and in lieu
  of any lesser amount otherwise prescribed, any person who is an  officer
  or member of the uniformed force of the police department of a city, and
  is  a member of a police pension or retirement system maintained by such
  city, and who has completed service as a member of such  city-maintained
  police  pension  or  retirement  system  for the minimum number of years
  specified in such  plan  or  option  selected  by  him  as  a  necessary
  prerequisite  for  a  pension  or  retirement  allowance  on  account of
  retirement for service shall, upon retirement  for  service,  receive  a
  pension or retirement allowance on account of such minimum service which
  shall,  subject  to the provisions of this section, be equal to one-half
  of his annual compensation earnable upon the date of his retirement, or,
  in the event that such member shall have  served  as  a  member  of  the
  detective  division,  or on special assignment, for a period of at least
  five years during such service,  provided,  however,  that  such  member
  shall  have  continued  his  pension  contributions  on the basis of his
  highest annual compensation, one-half the  maximum  annual  compensation
  earned  by  him while an officer or member of the uniformed force of the
  police department of such city, whichever is greater.
    2. Where a city-maintained  pension  plan  or  retirement  system  for
  officers  or  members  of  the uniformed force of the police department,
  housing police force or transit police force of such city provides, upon
  retirement for service, for  a  retirement  allowance  consisting  of  a
  pension  plus  an  annuity  which  is  the  actuarial  equivalent of the
  member's accumulated contributions at the time of his  retirement,  then
  in  that  event  there  shall be added by the city, whenever required, a
  further pension of such amount which together with the member's  annuity
  shall  be sufficient to provide him with a retirement allowance equal to
  one-half of  his  annual  compensation  earnable  on  the  date  of  his
  retirement,  or,  in  the  event that such member shall have served as a
  member of the detective division, or on special assignment, for a period
  of a least five years during such service, provided, however, that  such
  member  shall  have  continued his pension contributions on the basis of
  his  highest  annual   compensation,   one-half   the   maximum   annual
  compensation  earned  by him while an officer or member of the uniformed
  force of the police department, housing police force or  transit  police
  force  of  such  city,  whichever  is  greater.  For the purpose only of
  determining the amount of the additional  pension  contribution  by  the
  city  that  may  be  required,  the  member's  annuity, if any, shall be
  computed as it would be, (a) if it were not  reduced  by  the  actuarial
  equivalent  of any outstanding loan, (b) if it were not increased by the
  actuarial equivalent of any additional contributions, (c) if it were not
  reduced by reason of the  member's  election  to  decrease  his  annuity
  contributions  in order to apply the amount of such reduction in payment
  of his contributions for old-age and survivors insurance  coverage,  (d)
  as it would be without any optional modification.
    3.  Where  a  city-maintained  pension  plan  or retirement system for
  officers or members of the uniformed force of the police  department  of
  such  city provides for disability retirement, such retirement allowance
  shall be computed on the basis of the annual  compensation  earnable  on
  the date of the retirement for disability of any member.
    4.   Where  additional  retirement  benefits  are  payable  under  the
  city-maintained pension plan or retirement system, or are required to be
  paid pursuant to section two  hundred  seven-d  of  this  chapter,  such
  additional  benefits  shall  be  paid, for service in addition to and in

  excess of the minimum service requirements, in addition to  the  minimum
  retirement benefits required to be paid by this section.
    5.  The  provisions  of this section shall not apply to members of the
  New York state policemen's and firemen's retirement system.
    * NB There are 2 § 207-e's