2013 New York Consolidated Laws
RSS - Retirement & Social Security
Article 6 - (190 - 203) SUPPLEMENTAL RETIREMENT ALLOWANCE ACT
192 - Supplemental retirement allowances of retired employees.

 
    §  192.  Supplemental  retirement  allowances  of  retired  employees.
  Notwithstanding  any  other  provision  of  the  retirement  and  social
  security  law,  any  state retired employee or state retired teacher, as
  defined by section one hundred ninety-one of this article,  who,  unless
  retired  for  disability, had at least five years of credited service at
  the time of his retirement, shall be entitled to a supplemental  pension
  payment  to  be  known  as  a  supplemental retirement allowance payable
  annually in  monthly  installments  in  accordance  with  the  following
  provisions of this section:
    a.  The supplemental retirement allowance provided for herein shall be
  a percentage of the  retirement  allowance,  computed  without  optional
  modification,  based  on  the year of his retirement, in accordance with
  the  schedule  hereinafter  set  forth,  provided,  however,   that   no
  supplemental retirement allowance shall:
    (1) Exceed one thousand five hundred dollars per year, nor
    (2)  Together  with the retirement allowance computed without optional
  modification, and the primary benefit obtained under the federal old-age
  survivors, and disability insurance system, exceed four thousand dollars
  a year, nor
    (3) In the case of any person under the age of sixty-two  retired  for
  disability,  together  with  the  retirement  allowance computed without
  optional modification, the primary benefit obtained  under  the  federal
  old-age, survivors, and disability insurance system, and any earnings as
  the  result of his own employment including self employment, exceed four
  thousand dollars a year, nor
    (4) In the case of state retired employees, be paid for  that  portion
  of  the  annuity  based  on  additional  contributions  made pursuant to
  section twenty-one (i) of the retirement and  social  security  law,  or
  section fifty-eight of the civil service law since repealed, nor, in the
  case  of  state  retired  teachers, that portion of the annuity based on
  additional contributions made pursuant to subdivision three  of  section
  five hundred sixteen of the education law, nor
    (5) Be paid to any state retired employee or state retired teacher for
  any  period  during  which  he  returns  to  service with the state or a
  political  subdivision  thereof  other  than   service   in   employment
  authorized  by section two hundred eleven, section two hundred twelve or
  section two hundred fourteen of this chapter.
    b.  The  supplemental  retirement  allowance  shall  be  computed   in
  accordance with the following schedule:
 
  YEAR OF RETIREMENT                  PER CENTUM
 
  1961 or thereafter                  none
  1960                                three
  1959                                five
  1958                                six
  1957                                nine
  1956                                thirteen
  1955                                fifteen
  1954                                fifteen
  1953                                fifteen
  1952                                sixteen
  1951                                eighteen
  1950                                twenty-eight
  1949                                twenty-eight
  1948                                twenty-eight
  1947                                thirty-eight
  1946                                fifty-eight

  1945                                seventy-two
  1944                                seventy-six
  1943                                seventy-nine
  1942                                ninety
  1941                                one-hundred-eleven
  1940                                one-hundred-twenty-two
  Prior to 1940                       one-hundred-twenty-two
 
    c.  Any such retired employee already receiving a supplemental pension
  under other provisions of the retirement and social security  law  shall
  continue  to  receive  such  supplemental  pension  or shall receive the
  supplemental retirement allowance provided under this section, whichever
  shall be greater.