2015 New York Laws
RSS - Retirement & Social Security
Article 22 - (Retirement & Social Security) POLICE AND FIRE RETIREMENT PROVISIONS
1202 - Vesting.

  1202.  Vesting.  a.  In  order  to qualify for a service retirement
  benefit, members subject to the provisions of this article must  have  a
  minimum of ten years of creditable service.
b.  In  computing  the  years of total creditable service of a member,
  full  credit  shall  be  given  for  military  service  as  defined   in
  subdivisions  twenty-nine-a  and  thirty of section three hundred two of
  this chapter.
c. In no event shall the vested retirement allowance  payable  without
  optional modification be less than the actuarial equivalent of the total
  which  results from the member's contributions accumulated with interest
  at five percent per annum compounded annually to the date of retirement.