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2013 New York Consolidated Laws
RSS - Retirement & Social Security
Article 6 - (190 - 203) SUPPLEMENTAL RETIREMENT ALLOWANCE ACT
198 - Reimbursement for payments to state retired teachers.


NY Ret & SS L § 198 (2012) What's This?
 
    §  198. Reimbursement for payments to state retired teachers.  As soon
  as practicable after the close of each fiscal year  of  the  state,  the
  comptroller  shall  certify to the commissioner of education a statement
  of the total amount paid out by him during such  fiscal  year  to  state
  retired  teachers  pursuant  to  this  article.  Such  amount  shall  be
  apportioned on the same basis and collected in the  same  manner  as  is
  provided  for the collection of employers' contributions to the New York
  state teachers retirement system by  subdivision  two  of  section  five
  hundred  twenty-one  of the education law. Amounts so collected shall be
  deposited in and credited to the supplemental pension fund.

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