State Codes and Statutes

Statutes > New-york > Edn > Title-1 > Article-11 > 503

§ 503. Membership  of  system.  1.  The  membership  of the retirement  system shall consist of the following:    a. All teachers who were teachers  on  or  before  the  first  day  of  August,  nineteen hundred twenty-one, who shall file with the retirement  board applications for membership, except  those  specifically  excluded  under subdivision four of this section.    b.  All  teachers  who were not teachers on or before the first day of  August, nineteen hundred twenty-one, except those specifically  excluded  under subdivision four of this section.    2.  The  retirement  board  may,  in its discretion, deny the right to  become members to any class  of  teachers  whose  compensation  is  only  partly  paid  by  the  employer or who are serving on a temporary or any  other than a per annum basis, and it may also, in its  discretion,  make  optional  with  members in any such class their individual entrance into  membership.    3. The membership of any person in the retirement system  shall  cease  when  seven years have elapsed since the member has performed service as  a teacher which was credited with  the  system  except  as  provided  in  section five hundred twelve-a of this article, or upon the withdrawal by  a  contributor  of  his  accumulated  contributions  as provided in this  article, or upon retirement on a pension, or at death, except  that  the  membership  of  a teacher, who has not withdrawn his contributions shall  not be cancelled if he (a) has not had sufficient service to be eligible  for disability  retirement,  and  proves  to  the  satisfaction  of  the  retirement  board  that  absence  from  service  was  caused by personal  illness  constituting  disability  or  (b)  is  eligible  to  receive  a  retirement allowance from the system for other than disability.    4.  Teachers who are members or who become members of a local district  pension  system  maintained  under  the   laws   of   the   state   from  appropriations  or  contributions  made  wholly or partly by an employer  shall be excluded from membership in this retirement system.    5. A retired teacher receiving a retirement allowance for  other  than  disability may return to active public service. Any such retired teacher  returning  to  active  service  shall  immediately notify the retirement  board of his intention. Except as otherwise  provided  in  sections  two  hundred  eleven  and  two  hundred  twelve  of the retirement and social  security law and section one hundred fifty of the civil service law, his  retirement allowance shall be suspended during the time he is in  active  service.  If  such  teacher  has  not  elected  an optional benefit, the  payments of his annuity so  suspended  shall  be  held  in  the  annuity  reserve  fund  at  regular  interest,  and  upon  the  resumption of his  retirement  allowance  after  again  leaving  the  active  service  such  accumulated  amounts  shall be applied to increase the annuity otherwise  payable to him or in the event of his death while in active service such  accumulated amounts shall be paid to his estate or  to  such  person  as  last  designated as the beneficiary of his accumulated contributions. If  such teacher has elected an optional benefit and dies  while  in  active  service, the optional benefit in respect of his annuity shall be payable  as  if  no annuity payments had been suspended, but the optional benefit  in respect of his  pension  shall  not  be  payable  in  excess  of  the  proportion  that the cost of such optional pension, when measured by the  difference between his pension without  optional  modification  and  the  optional  pension,  is  currently  covered  by the amount of the annuity  payments suspended while he is in active service, which difference shall  be paid during the period of his active service from the annuity reserve  fund to the fund from which his pension was payable. If,  however,  such  full  cost of the optional pension is greater than the suspended annuity  payments, the teacher may elect upon returning to active service to  paythe  amount  of  such difference directly to the retirement system to be  credited to the fund from which his pension was payable, and subject  to  such  payments  monthly in advance, or at such other intervals as may be  agreed  upon  with the retirement board, the optional benefit in respect  of the pension shall be payable in the event the teacher dies  while  in  active  service,  as  if  no pension payments had been suspended. If the  suspended annuity payments are  greater  than  such  full  cost  of  the  optional pension, the amount of such difference shall be held at regular  interest  in  the  annuity  reserve fund, and upon the resumption of his  retirement allowance after again leaving active service such accumulated  amounts shall be applied to increase the annuity  otherwise  payable  to  him,  or  in  the  event  of  his  death  while  in  active service such  accumulated amounts shall be paid to his estate or  to  the  beneficiary  nominated under the option.    6.  Credit  for  service  in  war  after world war I, which shall mean  military service during the period commencing the  first  day  of  July,  nineteen  hundred  forty,  and  terminating  the  thirtieth day of June,  nineteen hundred  forty-seven,  or  during  the  period  commencing  the  twenty-seventh  day of June, nineteen hundred fifty, and terminating the  thirty-first day of January, nineteen hundred fifty-five, or during both  such periods, as a member of the armed forces of the United  States,  of  any person who has been honorably discharged or released under honorable  circumstances  from  such service, or service by one who was employed by  the War Shipping Administration or Office of Defense  Transportation  or  their  agents as a merchant seaman documented by the United States Coast  Guard or Department of Commerce, or as a civil servant employed  by  the  United  States  Army Transport Service (later redesignated as the United  States  Army  Transportation  Corps,  Water  Division)  or   the   Naval  Transportation  Service;  and who served satisfactorily as a crew member  during the period of armed conflict, December seventh, nineteen  hundred  forty-one,  to  August  fifteenth,  nineteen  hundred forty-five, aboard  merchant  vessels  in  oceangoing,  i.e.,  foreign,   intercoastal,   or  coastwise  service  as such terms are defined under federal law (46 USCA  10301 & 10501) and further to include "near foreign" voyages between the  United States and Canada, Mexico, or the West Indies via  ocean  routes,  or  public  vessels  in oceangoing service or foreign waters and who has  received a Certificate of Release or Discharge from Active  Duty  and  a  discharge  certificate,  or  an  Honorable Service Certificate/Report of  Casualty, from the Department of Defense  or  who  served  as  a  United  States  civilian  employed  by  the  American  Field  Service and served  overseas under United States Armies and United  States  Army  Groups  in  world  war  II  during  the  period of armed conflict, December seventh,  nineteen  hundred  forty-one  through  May  eighth,   nineteen   hundred  forty-five, and who was discharged or released therefrom under honorable  conditions,  or  who  served as a United States civilian Flight Crew and  Aviation Ground Support Employee of Pan American World Airways or one of  its subsidiaries or its affiliates and served overseas as  a  result  of  Pan  American's  contract  with  Air  Transport  Command  or  Naval  Air  Transport  Service  during  the  period  of  armed  conflict,   December  fourteenth,   nineteen  hundred  forty-one  through  August  fourteenth,  nineteen  hundred  forty-five,  and  who  was  discharged  or   released  therefrom  under  honorable  conditions,  and  who  was a teacher in the  public schools of this state at the time of his entrance into the  armed  forces of the United States, provided no compensation was received under  the provisions of section two hundred forty-two of the military law, and  who returned to public school teaching following discharge or completion  of  advanced  education  provided under servicemen's readjustment act of  nineteen hundred forty-four, or who following such discharge or  releaseentered  into  a  service  which  would  qualify him pursuant to section  forty-three of the retirement and social security law  to  transfer  his  membership  in  the New York state teachers' retirement system, shall be  provided  as  follows, any provisions of section two hundred forty-three  of the military law to the contrary notwithstanding.    (a) Service in war after world war I as defined  in  this  subdivision  shall  be  deemed to be service for all purposes of the retirement fund,  provided claim for such service shall be filed by the  member  with  the  retirement  board  within  two  years  following  his  return  to active  teaching service or the entry of the member into a service  which  would  qualify  him  pursuant to section fifty-nine of the civil service law to  transfer his membership to  the  New  York  city  employees'  retirement  system  or  to  the  New  York state employees' retirement system or the  fifteenth day of  April,  nineteen  hundred  sixty-seven,  whichever  is  later.    (b)  For  the purposes of computing final average salary, compensation  during any period of service in war after world war I shall be deemed to  have been at the member's rate of  compensation  in  effect  immediately  prior  to  such  period, or based on additional increments due him if he  had continued teaching.    (c) Contributions paid by any member under the provisions  of  section  two  hundred  forty-three of the military law shall be refunded directly  to the member and the corresponding contribution paid  by  the  district  shall also be returned directly to the district.    (d) On the retirement of a member with credit for service in war after  world  war  I as defined in this subdivision, there shall be transferred  from the pension accumulation fund to the annuity  reserve  fund  a  sum  equivalent  to  the  contributions  the  member  would  have made to the  annuity savings fund had he contributed during his period of service  in  war  after  world  war I at the rate in effect immediately prior to such  period, or  on  additional  increments  due  him  if  he  had  continued  teaching,  with  interest to the date of retirement, which amounts shall  be used to provide an annuity for him.    (e) In addition to the contributions  required  of  employers  to  the  retirement  system  as  otherwise  provided,  there  shall  be  paid  an  additional contribution to the pension accumulation fund  to  cover  the  cost  of  the  additional  benefits  covered  by  this  subdivision. The  additional contributions shall be collected by  increasing  the  regular  contributions of the employers in the same proportion as the liabilities  of  the  pension accumulation fund are increased by the adoption of this  subdivision.    7. A teacher, who  was  a  member  of  the  New  York  state  teachers  retirement   system  but  who  withdrew  his  accumulated  contributions  immediately prior to his entry into, or during his service in the  armed  forces  of  the  United  States  in  war after World War I, who has been  honorably discharged or released from service, provided no  compensation  was  received  under  the provisions of section two hundred forty-two of  the military law, and who returned to  public  school  teaching  in  the  state  of  New  York  following  such discharge or release, or following  completion   of   advanced   education   provided   under   servicemen's  readjustment  act  of  nineteen  hundred  forty-four,  any provisions of  section two hundred forty-three of the  military  law  to  the  contrary  notwithstanding,  will  be  entitled  to credit for service in war after  World War I, cost free, provided, however, that such credit will not  be  allowed until he claims and pays for all prior teaching service credited  to  him  at  the  time  of his termination of membership in the New York  state teachers retirement system, and provided further  that  claim  for  such  service in war after World War I shall be filed by the member withthe retirement board before the first  day  of  July,  nineteen  hundred  sixty-eight.    8.  A  teacher  who  had  been granted credit for service in war after  world war I as provided in this section and whose membership in the  New  York  state  teachers retirement system subsequently ceased by reason of  withdrawal of his accumulated contributions will, upon rejoining the New  York state teachers retirement system, be entitled to  the  same  credit  for  service  in  war after world war I, cost free, that he was credited  with upon termination of his membership in the New York  state  teachers  retirement  system,  provided,  however,  that  such  credit will not be  allowed until he claims and pays for all prior teaching service credited  to him at the time of his termination of  membership  in  the  New  York  state teachers retirement system.    9.  Credit  for  emergency service on or after October first, nineteen  hundred sixty-one, shall mean active duty (other than for  training)  in  the  armed  forces  of  the United States as defined in title ten of the  United States code on or after October first, nineteen hundred sixty-one  and terminating on June thirtieth, nineteen hundred  sixty-three  or  on  the  date  that  no  reserve  component unit originally ordered into the  active service of the United States from the state on or  after  October  first,  nineteen  hundred  sixty-one  remains  on  such  active service,  whichever sooner occurs, of any person who:    a. was a teacher in the public schools of this state at  the  time  of  his entrance into such armed forces,    b.  was a member of the New York state teachers' retirement system and  an employee of the state or of an employer at the time he  entered  such  armed forces,    c.   has   been  honorably  discharged  or  released  under  honorable  circumstances from such service, and    d. returned to  public  school  teaching  within  one  year  following  discharge  or  release,  or completion of advanced education provided by  the United States for education of  Korean  conflict  veterans,  or  who  following  such  discharge or release entered into a service which would  qualify him, pursuant to  section  forty-three  of  the  retirement  and  social  security  law,  to transfer his membership in the New York state  teachers retirement system. Such service shall not include  any  periods  during  which  compensation  was  received  by  the  member  for accrued  vacation and overtime credit or under  the  provisions  of  section  two  hundred  forty-two  of  the  military  law or section six of chapter six  hundred eight of the laws of nineteen hundred fifty-two.    Emergency  service  on  or  after  October  first,  nineteen   hundred  sixty-one,  shall  for the purposes of this article be deemed credit for  service in war after world war I.    10. Credit for certain World War II service. a. In addition to  credit  for  military service pursuant to section two hundred forty-three of the  military law and subdivisions six through nine of this section, a member  employed as a full-time teacher by an employer as defined in subdivision  three of section five hundred one of the education law  and  who  joined  the   retirement   system   prior   to   July  first,  nineteen  hundred  seventy-three, may obtain credit for military service not in  excess  of  three  years  and  not  otherwise  creditable  under section two hundred  forty-three of the military law and subdivisions  six  through  nine  of  this  section, rendered on active duty in the armed forces of the United  States during the period commencing July first, nineteen hundred  forty,  and terminating December thirty-first, nineteen hundred forty-six, or on  service  by  one  who was employed by the War Shipping Administration or  Office of Defense Transportation or their agents as  a  merchant  seaman  documented  by  the United States Coast Guard or Department of Commerce,or as a civil servant employed  by  the  United  States  Army  Transport  Service  (later  redesignated  as  the United States Army Transportation  Corps, Water Division) or the  Naval  Transportation  Service;  and  who  served  satisfactorily  as  a  crew  member  during  the period of armed  conflict,  December  seventh,  nineteen  hundred  forty-one,  to  August  fifteenth,  nineteen  hundred  forty-five,  aboard  merchant  vessels in  oceangoing, i.e., foreign, intercoastal, or coastwise  service  as  such  terms  are defined under federal law (46 USCA 10301 & 10501) and further  to include "near foreign" voyages between the United States and  Canada,  Mexico,  or  the  West  Indies  via  ocean  routes, or public vessels in  oceangoing service or foreign waters and who has received a  Certificate  of Release or Discharge from Active Duty and a discharge certificate, or  an Honorable Service Certificate/Report of Casualty, from the Department  of  Defense  or on service by one who served as a United States civilian  employed by the American Field Service and served overseas under  United  States  Armies  and United States Army Groups in world war II during the  period of armed conflict, December seventh, nineteen  hundred  forty-one  through  May eighth, nineteen hundred forty-five, and who was discharged  or released therefrom under honorable conditions, or on service  by  one  who  served  as a United States civilian Flight Crew and Aviation Ground  Support  Employee  of  Pan  American  World  Airways  or  one   of   its  subsidiaries  or  its  affiliates and served overseas as a result of Pan  American's contract with Air Transport Command or  Naval  Air  Transport  Service  during  the  period  of  armed  conflict,  December fourteenth,  nineteen hundred forty-one through August fourteenth,  nineteen  hundred  forty-five, and who was discharged or released therefrom under honorable  conditions  by a person who was a resident of New York state at the time  of entry into such service and at the time of being discharged therefrom  under honorable circumstances, and who makes the  payments  required  in  accordance with the provisions of this subdivision.    However,   no   military   service  shall  be  creditable  under  this  subdivision in the case of a member who is receiving a military  pension  (other  than for disability) for military service in the armed forces of  the United States.    b. To obtain such credit a member shall: (1) deposit  in  the  annuity  savings  fund  a  sum  equal to the product of his required contribution  rate at time of entry into full-time New York  state  teaching  service,  his  annual  full-time rate of compensation at that time, and the period  of military service  being  claimed,  with  regular  interest,  and  (2)  deposit  in  the pension accumulation fund a sum equal to the product of  the employer's contribution rate exclusive of the rate for  supplemental  pensions  at  the time of the member's entry into such teaching service,  his annual full-time rate of compensation at that time, and  the  period  of  military  service being claimed, with regular interest. Such deposit  must  be  made  on  or  before  October  fourteenth,  nineteen   hundred  seventy-seven,  provided, however, such member may elect to deposit such  amount over a period of time no greater than the period for which credit  is being claimed, in which case such payments  must  commence  no  later  than  October  fourteenth,  nineteen  hundred seventy-seven. If the full  amount of such payments is not paid to the retirement system at the time  of retirement, the amount of service credited shall be  proportional  to  the total amount of the payments made.    c.  The  credit  for  military  service hereunder shall not be used to  increase a service retirement benefit if, at  the  time  of  retirement,  such  member  (1)  is  retiring from service with less than ten years of  full-time service credit or (2) is retiring with less than  three  years  of  member service rendered subsequent to the date that he last became a  member of this system. Upon retirement, as  specified  in  (1)  or  (2),there  shall  be refunded to such member the amount of such deposit plus  accrued interest exclusive  of  the  amount  deposited  to  the  pension  accumulation fund attributable to death and disability benefits.    d.  (1)  In  the case of members who have transferred into this system  from another public retirement system within  the  state  of  New  York,  their  rate  of contribution shall be computed as though they had been a  member of this system from the date  of  membership  in  the  retirement  system from which they transferred.    (2)  Any  other  provision of law to the contrary notwithstanding, the  rate of contribution to be used  in  calculating  contributions  to  the  annuity  savings  fund pursuant to this subdivision shall be at the rate  of four per centum of earnable compensation for members  whose  date  of  membership  is on or before June thirtieth, nineteen hundred forty-eight  and at the rate of five per centum of earnable compensation for  members  whose  date  of  membership  is on or after July first, nineteen hundred  forty-eight.    e. In no event shall credit be granted pursuant to this subdivision if  credit is granted  for  the  same  period  of  time  pursuant  to  other  provisions of law.    f.  No  application  for  credit  pursuant  to  the provisions of this  subdivision shall be honored  if  made  on  or  after  April  fifteenth,  nineteen hundred seventy-seven.    10-a.  Credit  for  certain  World  War  II service. a. In addition to  credit for military service pursuant to section two hundred  forty-three  of the military law and subdivisions six through nine of this section, a  member  who  joined  the retirement system prior to July first, nineteen  hundred seventy-three, and who was not eligible for credit for  military  service  under subdivision ten of this section as a result of being on a  leave of absence without pay between July  twentieth,  nineteen  hundred  seventy-six  and October fifteenth, nineteen hundred seventy-seven or on  leave of absence  with  less  than  full  pay  between  July  twentieth,  nineteen  hundred  seventy-six  and  October fifteenth, nineteen hundred  seventy-seven, may obtain credit for military service not in  excess  of  three  years  and  not  otherwise  creditable  under section two hundred  forty-three of the military law and subdivisions  six  through  nine  of  this  section, rendered on active duty in the armed forces of the United  States during the period commencing July first, nineteen hundred  forty,  and terminating December thirty-first, nineteen hundred forty-six, or on  service  by  one  who was employed by the War Shipping Administration or  Office of Defense Transportation or their agents as  a  merchant  seaman  documented  by  the United States Coast Guard or Department of Commerce,  or as a civil servant employed  by  the  United  States  Army  Transport  Service  (later  redesignated  as  the United States Army Transportation  Corps, Water Division) or the  Naval  Transportation  Service;  and  who  served  satisfactorily  as  a  crew  member  during  the period of armed  conflict,  December  seventh,  nineteen  hundred  forty-one,  to  August  fifteenth,  nineteen  hundred  forty-five,  aboard  merchant  vessels in  oceangoing, i.e., foreign, intercoastal, or coastwise  service  as  such  terms  are defined under federal law (46 USCA 10301 & 10501) and further  to include "near foreign" voyages between the United States and  Canada,  Mexico,  or  the  West  Indies  via  ocean  routes, or public vessels in  oceangoing service or foreign waters and who has received a  Certificate  of Release or Discharge from Active Duty and a discharge certificate, or  an Honorable Service Certificate/Report of Casualty, from the Department  of  Defense, or on service by one who served as a United States civilian  employed by the American Field Service and served overseas under  United  States  Armies  and United States Army Groups in world war II during the  period of armed conflict, December seventh, nineteen  hundred  forty-onethrough  May eighth, nineteen hundred forty-five, and who was discharged  or released therefrom under honorable conditions, or on service  by  one  who  served  as a United States civilian Flight Crew and Aviation Ground  Support   Employee   of  Pan  American  World  Airways  or  one  of  its  subsidiaries or its affiliates and served overseas as a  result  of  Pan  American's  contract  with  Air Transport Command or Naval Air Transport  Service during  the  period  of  armed  conflict,  December  fourteenth,  nineteen  hundred  forty-one through August fourteenth, nineteen hundred  forty-five, and who was discharged or released therefrom under honorable  conditions by a person who was a resident of New York state at the  time  of entry into such service and at the time of being discharged therefrom  under  honorable  circumstances,  and who makes the payments required in  accordance with the provisions of this subdivision.    However,  no  military  service  shall  be   creditable   under   this  subdivision  in the case of a member who is receiving a military pension  (other than for disability) for military service in the armed forces  of  the United States.    b.  To  obtain  such credit a member shall: (1) deposit in the annuity  savings fund a sum equal to the product  of  his  required  contribution  rate  at  time  of entry into full-time New York state teaching service,  his annual full-time rate of compensation at that time, and  the  period  of  military  service  being  claimed,  with  regular  interest, and (2)  deposit in the pension accumulation fund a sum equal to the  product  of  the  employer's contribution rate exclusive of the rate for supplemental  pensions at the time of the member's entry into such  teaching  service,  his  annual  full-time rate of compensation at that time, and the period  of military service being claimed, with regular interest.  Such  deposit  must  be  made on or before October fourteenth, nineteen hundred eighty,  provided, however, such member may elect to deposit such amount  over  a  period  of  time  no  greater  than the period for which credit is being  claimed, in which case such payments must commence no later than October  fourteenth, nineteen hundred eighty. If the full amount of such payments  is not paid to the retirement system at  the  time  of  retirement,  the  amount  of service credited shall be proportional to the total amount of  the payments made.    c. The credit for military service hereunder  shall  not  be  used  to  increase  a  service  retirement  benefit if, at the time of retirement,  such member (1) is retiring from service with less  than  ten  years  of  full-time  service  credit or (2) is retiring with less than three years  of member service rendered subsequent to the date that he last became  a  member  of  this  system.  Upon  retirement, as specified in (1) or (2),  there shall be refunded to such member the amount of such  deposit  plus  accrued  interest  exclusive  of  the  amount  deposited  to the pension  accumulation fund attributable to death and disability benefits.    d. (1) In the case of members who have transferred  into  this  system  from  another  public  retirement  system  within the state of New York,  their rate of contribution shall be computed as though they had  been  a  member  of  this  system  from  the date of membership in the retirement  system from which they transferred.    (2) Any other provision of law to the  contrary  notwithstanding,  the  rate  of  contribution  to  be  used in calculating contributions to the  annuity savings fund pursuant to this subdivision shall be at  the  rate  of  four  per  centum of earnable compensation for members whose date of  membership is on or before June thirtieth, nineteen hundred  forty-eight  and  at the rate of five per centum of earnable compensation for members  whose date of membership is on or after  July  first,  nineteen  hundred  forty-eight.e. In no event shall credit be granted pursuant to this subdivision if  credit  is  granted  for  the  same  period  of  time  pursuant to other  provisions of law.    f.  No  application  for  credit  pursuant  to  the provisions of this  subdivision shall be honored if made  on  or  after  October  fifteenth,  nineteen hundred eighty.    11. a. If a retired member, receiving a retirement allowance for other  than  disability,  returns to active public service, except as otherwise  provided in sections two hundred eleven or two  hyndred  twelve  of  the  retirement  and  social  security law, and is eligible for membership in  the retirement system, he  thereupon  shall  become  a  member  and  his  retirement  allowance  shall be suspended in the same manner as provided  in subdivision five of section five hundred three of  this  article.  In  such event, he shall contribute to the retirement system as if he were a  new  member.  Upon his subsequent retirement after at least two years of  service he shall:    1. Be credited with all member service earned by  him  since  he  last  became a member of the retirement system, and    2. Receive a retirement allowance which shall consist of:    (a) An annuity as provided in subdivision five of section five hundred  three  of this article plus an annuity which is the actuarial equivalent  of any contributions made by him since he last became a member, and    (b) The pension which he was receiving immediately prior to  his  last  restoration  to  membership  as  provided in subdivision five of section  five hundred three of this article, plus a pension based upon the member  service credit earned by him since he last became a member. Such  latter  pension  shall  be  computed as if he were a new member when he rejoined  the system pursuant to the provisions of this subdivision.    b. Where such member shall have earned at least five years  of  member  service  credit  after  restoration to active service, the total service  credit to which he was entitled at the time of  his  earlier  retirement  may,  at  his  option,  again be credited to him and upon his subsequent  retirement he shall be credited in addition for purposes of  computation  of  the  pension  portion  of  the  retirement allowance with all member  service earned by him subsequent to his last restoration to  membership.  Such  total  service  credit to which he was entitled at the time of his  earlier retirement shall be so credited only  in  the  event  that  such  member  returns  to  the  retirement  system  with  regular interest the  actuarial equivalent of the amount of the pension he received, or in the  event that such amount is not so repaid the actuarial equivalent thereof  shall be deducted from his subsequent retirement allowance.    c. Notwithstanding the foregoing provisions  of  this  subdivision,  a  retired  member  who  is receiving a retirement allowance for other than  physical disability, and who returns to active public service, may elect  not to be restored to membership in the retirement system until  he  has  rendered  one year of service following his return to public service. In  such event his retirement allowance shall be suspended during such  year  of service in the same manner as provided in subdivision five of section  five  hundred  three  of  this  article.  Upon restoration to membership  following completion of such year of service, his service in  such  year  shall be deemed to be service while a member for purposes of subdivision  b of section five hundred twelve of this article. He may purchase member  service  credit  for  such  year,  which  shall  be deemed earned member  service credit.    d. Notwithstanding any other provision  of  this  article,  a  retired  member  who rejoins the system under the provisions of paragraphs a or c  of this subdivision shall only be entitled to a death benefit  according  to  the  provisions  of  paragraph  two of subdivision b of section fivehundred twelve of this article and of no other subdivision  thereof  and  for  the purposes of said paragraph two of subdivision b of section five  hundred twelve the credited service as a teacher shall be service  as  a  teacher credited since last joining the system.

State Codes and Statutes

Statutes > New-york > Edn > Title-1 > Article-11 > 503

§ 503. Membership  of  system.  1.  The  membership  of the retirement  system shall consist of the following:    a. All teachers who were teachers  on  or  before  the  first  day  of  August,  nineteen hundred twenty-one, who shall file with the retirement  board applications for membership, except  those  specifically  excluded  under subdivision four of this section.    b.  All  teachers  who were not teachers on or before the first day of  August, nineteen hundred twenty-one, except those specifically  excluded  under subdivision four of this section.    2.  The  retirement  board  may,  in its discretion, deny the right to  become members to any class  of  teachers  whose  compensation  is  only  partly  paid  by  the  employer or who are serving on a temporary or any  other than a per annum basis, and it may also, in its  discretion,  make  optional  with  members in any such class their individual entrance into  membership.    3. The membership of any person in the retirement system  shall  cease  when  seven years have elapsed since the member has performed service as  a teacher which was credited with  the  system  except  as  provided  in  section five hundred twelve-a of this article, or upon the withdrawal by  a  contributor  of  his  accumulated  contributions  as provided in this  article, or upon retirement on a pension, or at death, except  that  the  membership  of  a teacher, who has not withdrawn his contributions shall  not be cancelled if he (a) has not had sufficient service to be eligible  for disability  retirement,  and  proves  to  the  satisfaction  of  the  retirement  board  that  absence  from  service  was  caused by personal  illness  constituting  disability  or  (b)  is  eligible  to  receive  a  retirement allowance from the system for other than disability.    4.  Teachers who are members or who become members of a local district  pension  system  maintained  under  the   laws   of   the   state   from  appropriations  or  contributions  made  wholly or partly by an employer  shall be excluded from membership in this retirement system.    5. A retired teacher receiving a retirement allowance for  other  than  disability may return to active public service. Any such retired teacher  returning  to  active  service  shall  immediately notify the retirement  board of his intention. Except as otherwise  provided  in  sections  two  hundred  eleven  and  two  hundred  twelve  of the retirement and social  security law and section one hundred fifty of the civil service law, his  retirement allowance shall be suspended during the time he is in  active  service.  If  such  teacher  has  not  elected  an optional benefit, the  payments of his annuity so  suspended  shall  be  held  in  the  annuity  reserve  fund  at  regular  interest,  and  upon  the  resumption of his  retirement  allowance  after  again  leaving  the  active  service  such  accumulated  amounts  shall be applied to increase the annuity otherwise  payable to him or in the event of his death while in active service such  accumulated amounts shall be paid to his estate or  to  such  person  as  last  designated as the beneficiary of his accumulated contributions. If  such teacher has elected an optional benefit and dies  while  in  active  service, the optional benefit in respect of his annuity shall be payable  as  if  no annuity payments had been suspended, but the optional benefit  in respect of his  pension  shall  not  be  payable  in  excess  of  the  proportion  that the cost of such optional pension, when measured by the  difference between his pension without  optional  modification  and  the  optional  pension,  is  currently  covered  by the amount of the annuity  payments suspended while he is in active service, which difference shall  be paid during the period of his active service from the annuity reserve  fund to the fund from which his pension was payable. If,  however,  such  full  cost of the optional pension is greater than the suspended annuity  payments, the teacher may elect upon returning to active service to  paythe  amount  of  such difference directly to the retirement system to be  credited to the fund from which his pension was payable, and subject  to  such  payments  monthly in advance, or at such other intervals as may be  agreed  upon  with the retirement board, the optional benefit in respect  of the pension shall be payable in the event the teacher dies  while  in  active  service,  as  if  no pension payments had been suspended. If the  suspended annuity payments are  greater  than  such  full  cost  of  the  optional pension, the amount of such difference shall be held at regular  interest  in  the  annuity  reserve fund, and upon the resumption of his  retirement allowance after again leaving active service such accumulated  amounts shall be applied to increase the annuity  otherwise  payable  to  him,  or  in  the  event  of  his  death  while  in  active service such  accumulated amounts shall be paid to his estate or  to  the  beneficiary  nominated under the option.    6.  Credit  for  service  in  war  after world war I, which shall mean  military service during the period commencing the  first  day  of  July,  nineteen  hundred  forty,  and  terminating  the  thirtieth day of June,  nineteen hundred  forty-seven,  or  during  the  period  commencing  the  twenty-seventh  day of June, nineteen hundred fifty, and terminating the  thirty-first day of January, nineteen hundred fifty-five, or during both  such periods, as a member of the armed forces of the United  States,  of  any person who has been honorably discharged or released under honorable  circumstances  from  such service, or service by one who was employed by  the War Shipping Administration or Office of Defense  Transportation  or  their  agents as a merchant seaman documented by the United States Coast  Guard or Department of Commerce, or as a civil servant employed  by  the  United  States  Army Transport Service (later redesignated as the United  States  Army  Transportation  Corps,  Water  Division)  or   the   Naval  Transportation  Service;  and who served satisfactorily as a crew member  during the period of armed conflict, December seventh, nineteen  hundred  forty-one,  to  August  fifteenth,  nineteen  hundred forty-five, aboard  merchant  vessels  in  oceangoing,  i.e.,  foreign,   intercoastal,   or  coastwise  service  as such terms are defined under federal law (46 USCA  10301 & 10501) and further to include "near foreign" voyages between the  United States and Canada, Mexico, or the West Indies via  ocean  routes,  or  public  vessels  in oceangoing service or foreign waters and who has  received a Certificate of Release or Discharge from Active  Duty  and  a  discharge  certificate,  or  an  Honorable Service Certificate/Report of  Casualty, from the Department of Defense  or  who  served  as  a  United  States  civilian  employed  by  the  American  Field  Service and served  overseas under United States Armies and United  States  Army  Groups  in  world  war  II  during  the  period of armed conflict, December seventh,  nineteen  hundred  forty-one  through  May  eighth,   nineteen   hundred  forty-five, and who was discharged or released therefrom under honorable  conditions,  or  who  served as a United States civilian Flight Crew and  Aviation Ground Support Employee of Pan American World Airways or one of  its subsidiaries or its affiliates and served overseas as  a  result  of  Pan  American's  contract  with  Air  Transport  Command  or  Naval  Air  Transport  Service  during  the  period  of  armed  conflict,   December  fourteenth,   nineteen  hundred  forty-one  through  August  fourteenth,  nineteen  hundred  forty-five,  and  who  was  discharged  or   released  therefrom  under  honorable  conditions,  and  who  was a teacher in the  public schools of this state at the time of his entrance into the  armed  forces of the United States, provided no compensation was received under  the provisions of section two hundred forty-two of the military law, and  who returned to public school teaching following discharge or completion  of  advanced  education  provided under servicemen's readjustment act of  nineteen hundred forty-four, or who following such discharge or  releaseentered  into  a  service  which  would  qualify him pursuant to section  forty-three of the retirement and social security law  to  transfer  his  membership  in  the New York state teachers' retirement system, shall be  provided  as  follows, any provisions of section two hundred forty-three  of the military law to the contrary notwithstanding.    (a) Service in war after world war I as defined  in  this  subdivision  shall  be  deemed to be service for all purposes of the retirement fund,  provided claim for such service shall be filed by the  member  with  the  retirement  board  within  two  years  following  his  return  to active  teaching service or the entry of the member into a service  which  would  qualify  him  pursuant to section fifty-nine of the civil service law to  transfer his membership to  the  New  York  city  employees'  retirement  system  or  to  the  New  York state employees' retirement system or the  fifteenth day of  April,  nineteen  hundred  sixty-seven,  whichever  is  later.    (b)  For  the purposes of computing final average salary, compensation  during any period of service in war after world war I shall be deemed to  have been at the member's rate of  compensation  in  effect  immediately  prior  to  such  period, or based on additional increments due him if he  had continued teaching.    (c) Contributions paid by any member under the provisions  of  section  two  hundred  forty-three of the military law shall be refunded directly  to the member and the corresponding contribution paid  by  the  district  shall also be returned directly to the district.    (d) On the retirement of a member with credit for service in war after  world  war  I as defined in this subdivision, there shall be transferred  from the pension accumulation fund to the annuity  reserve  fund  a  sum  equivalent  to  the  contributions  the  member  would  have made to the  annuity savings fund had he contributed during his period of service  in  war  after  world  war I at the rate in effect immediately prior to such  period, or  on  additional  increments  due  him  if  he  had  continued  teaching,  with  interest to the date of retirement, which amounts shall  be used to provide an annuity for him.    (e) In addition to the contributions  required  of  employers  to  the  retirement  system  as  otherwise  provided,  there  shall  be  paid  an  additional contribution to the pension accumulation fund  to  cover  the  cost  of  the  additional  benefits  covered  by  this  subdivision. The  additional contributions shall be collected by  increasing  the  regular  contributions of the employers in the same proportion as the liabilities  of  the  pension accumulation fund are increased by the adoption of this  subdivision.    7. A teacher, who  was  a  member  of  the  New  York  state  teachers  retirement   system  but  who  withdrew  his  accumulated  contributions  immediately prior to his entry into, or during his service in the  armed  forces  of  the  United  States  in  war after World War I, who has been  honorably discharged or released from service, provided no  compensation  was  received  under  the provisions of section two hundred forty-two of  the military law, and who returned to  public  school  teaching  in  the  state  of  New  York  following  such discharge or release, or following  completion   of   advanced   education   provided   under   servicemen's  readjustment  act  of  nineteen  hundred  forty-four,  any provisions of  section two hundred forty-three of the  military  law  to  the  contrary  notwithstanding,  will  be  entitled  to credit for service in war after  World War I, cost free, provided, however, that such credit will not  be  allowed until he claims and pays for all prior teaching service credited  to  him  at  the  time  of his termination of membership in the New York  state teachers retirement system, and provided further  that  claim  for  such  service in war after World War I shall be filed by the member withthe retirement board before the first  day  of  July,  nineteen  hundred  sixty-eight.    8.  A  teacher  who  had  been granted credit for service in war after  world war I as provided in this section and whose membership in the  New  York  state  teachers retirement system subsequently ceased by reason of  withdrawal of his accumulated contributions will, upon rejoining the New  York state teachers retirement system, be entitled to  the  same  credit  for  service  in  war after world war I, cost free, that he was credited  with upon termination of his membership in the New York  state  teachers  retirement  system,  provided,  however,  that  such  credit will not be  allowed until he claims and pays for all prior teaching service credited  to him at the time of his termination of  membership  in  the  New  York  state teachers retirement system.    9.  Credit  for  emergency service on or after October first, nineteen  hundred sixty-one, shall mean active duty (other than for  training)  in  the  armed  forces  of  the United States as defined in title ten of the  United States code on or after October first, nineteen hundred sixty-one  and terminating on June thirtieth, nineteen hundred  sixty-three  or  on  the  date  that  no  reserve  component unit originally ordered into the  active service of the United States from the state on or  after  October  first,  nineteen  hundred  sixty-one  remains  on  such  active service,  whichever sooner occurs, of any person who:    a. was a teacher in the public schools of this state at  the  time  of  his entrance into such armed forces,    b.  was a member of the New York state teachers' retirement system and  an employee of the state or of an employer at the time he  entered  such  armed forces,    c.   has   been  honorably  discharged  or  released  under  honorable  circumstances from such service, and    d. returned to  public  school  teaching  within  one  year  following  discharge  or  release,  or completion of advanced education provided by  the United States for education of  Korean  conflict  veterans,  or  who  following  such  discharge or release entered into a service which would  qualify him, pursuant to  section  forty-three  of  the  retirement  and  social  security  law,  to transfer his membership in the New York state  teachers retirement system. Such service shall not include  any  periods  during  which  compensation  was  received  by  the  member  for accrued  vacation and overtime credit or under  the  provisions  of  section  two  hundred  forty-two  of  the  military  law or section six of chapter six  hundred eight of the laws of nineteen hundred fifty-two.    Emergency  service  on  or  after  October  first,  nineteen   hundred  sixty-one,  shall  for the purposes of this article be deemed credit for  service in war after world war I.    10. Credit for certain World War II service. a. In addition to  credit  for  military service pursuant to section two hundred forty-three of the  military law and subdivisions six through nine of this section, a member  employed as a full-time teacher by an employer as defined in subdivision  three of section five hundred one of the education law  and  who  joined  the   retirement   system   prior   to   July  first,  nineteen  hundred  seventy-three, may obtain credit for military service not in  excess  of  three  years  and  not  otherwise  creditable  under section two hundred  forty-three of the military law and subdivisions  six  through  nine  of  this  section, rendered on active duty in the armed forces of the United  States during the period commencing July first, nineteen hundred  forty,  and terminating December thirty-first, nineteen hundred forty-six, or on  service  by  one  who was employed by the War Shipping Administration or  Office of Defense Transportation or their agents as  a  merchant  seaman  documented  by  the United States Coast Guard or Department of Commerce,or as a civil servant employed  by  the  United  States  Army  Transport  Service  (later  redesignated  as  the United States Army Transportation  Corps, Water Division) or the  Naval  Transportation  Service;  and  who  served  satisfactorily  as  a  crew  member  during  the period of armed  conflict,  December  seventh,  nineteen  hundred  forty-one,  to  August  fifteenth,  nineteen  hundred  forty-five,  aboard  merchant  vessels in  oceangoing, i.e., foreign, intercoastal, or coastwise  service  as  such  terms  are defined under federal law (46 USCA 10301 & 10501) and further  to include "near foreign" voyages between the United States and  Canada,  Mexico,  or  the  West  Indies  via  ocean  routes, or public vessels in  oceangoing service or foreign waters and who has received a  Certificate  of Release or Discharge from Active Duty and a discharge certificate, or  an Honorable Service Certificate/Report of Casualty, from the Department  of  Defense  or on service by one who served as a United States civilian  employed by the American Field Service and served overseas under  United  States  Armies  and United States Army Groups in world war II during the  period of armed conflict, December seventh, nineteen  hundred  forty-one  through  May eighth, nineteen hundred forty-five, and who was discharged  or released therefrom under honorable conditions, or on service  by  one  who  served  as a United States civilian Flight Crew and Aviation Ground  Support  Employee  of  Pan  American  World  Airways  or  one   of   its  subsidiaries  or  its  affiliates and served overseas as a result of Pan  American's contract with Air Transport Command or  Naval  Air  Transport  Service  during  the  period  of  armed  conflict,  December fourteenth,  nineteen hundred forty-one through August fourteenth,  nineteen  hundred  forty-five, and who was discharged or released therefrom under honorable  conditions  by a person who was a resident of New York state at the time  of entry into such service and at the time of being discharged therefrom  under honorable circumstances, and who makes the  payments  required  in  accordance with the provisions of this subdivision.    However,   no   military   service  shall  be  creditable  under  this  subdivision in the case of a member who is receiving a military  pension  (other  than for disability) for military service in the armed forces of  the United States.    b. To obtain such credit a member shall: (1) deposit  in  the  annuity  savings  fund  a  sum  equal to the product of his required contribution  rate at time of entry into full-time New York  state  teaching  service,  his  annual  full-time rate of compensation at that time, and the period  of military service  being  claimed,  with  regular  interest,  and  (2)  deposit  in  the pension accumulation fund a sum equal to the product of  the employer's contribution rate exclusive of the rate for  supplemental  pensions  at  the time of the member's entry into such teaching service,  his annual full-time rate of compensation at that time, and  the  period  of  military  service being claimed, with regular interest. Such deposit  must  be  made  on  or  before  October  fourteenth,  nineteen   hundred  seventy-seven,  provided, however, such member may elect to deposit such  amount over a period of time no greater than the period for which credit  is being claimed, in which case such payments  must  commence  no  later  than  October  fourteenth,  nineteen  hundred seventy-seven. If the full  amount of such payments is not paid to the retirement system at the time  of retirement, the amount of service credited shall be  proportional  to  the total amount of the payments made.    c.  The  credit  for  military  service hereunder shall not be used to  increase a service retirement benefit if, at  the  time  of  retirement,  such  member  (1)  is  retiring from service with less than ten years of  full-time service credit or (2) is retiring with less than  three  years  of  member service rendered subsequent to the date that he last became a  member of this system. Upon retirement, as  specified  in  (1)  or  (2),there  shall  be refunded to such member the amount of such deposit plus  accrued interest exclusive  of  the  amount  deposited  to  the  pension  accumulation fund attributable to death and disability benefits.    d.  (1)  In  the case of members who have transferred into this system  from another public retirement system within  the  state  of  New  York,  their  rate  of contribution shall be computed as though they had been a  member of this system from the date  of  membership  in  the  retirement  system from which they transferred.    (2)  Any  other  provision of law to the contrary notwithstanding, the  rate of contribution to be used  in  calculating  contributions  to  the  annuity  savings  fund pursuant to this subdivision shall be at the rate  of four per centum of earnable compensation for members  whose  date  of  membership  is on or before June thirtieth, nineteen hundred forty-eight  and at the rate of five per centum of earnable compensation for  members  whose  date  of  membership  is on or after July first, nineteen hundred  forty-eight.    e. In no event shall credit be granted pursuant to this subdivision if  credit is granted  for  the  same  period  of  time  pursuant  to  other  provisions of law.    f.  No  application  for  credit  pursuant  to  the provisions of this  subdivision shall be honored  if  made  on  or  after  April  fifteenth,  nineteen hundred seventy-seven.    10-a.  Credit  for  certain  World  War  II service. a. In addition to  credit for military service pursuant to section two hundred  forty-three  of the military law and subdivisions six through nine of this section, a  member  who  joined  the retirement system prior to July first, nineteen  hundred seventy-three, and who was not eligible for credit for  military  service  under subdivision ten of this section as a result of being on a  leave of absence without pay between July  twentieth,  nineteen  hundred  seventy-six  and October fifteenth, nineteen hundred seventy-seven or on  leave of absence  with  less  than  full  pay  between  July  twentieth,  nineteen  hundred  seventy-six  and  October fifteenth, nineteen hundred  seventy-seven, may obtain credit for military service not in  excess  of  three  years  and  not  otherwise  creditable  under section two hundred  forty-three of the military law and subdivisions  six  through  nine  of  this  section, rendered on active duty in the armed forces of the United  States during the period commencing July first, nineteen hundred  forty,  and terminating December thirty-first, nineteen hundred forty-six, or on  service  by  one  who was employed by the War Shipping Administration or  Office of Defense Transportation or their agents as  a  merchant  seaman  documented  by  the United States Coast Guard or Department of Commerce,  or as a civil servant employed  by  the  United  States  Army  Transport  Service  (later  redesignated  as  the United States Army Transportation  Corps, Water Division) or the  Naval  Transportation  Service;  and  who  served  satisfactorily  as  a  crew  member  during  the period of armed  conflict,  December  seventh,  nineteen  hundred  forty-one,  to  August  fifteenth,  nineteen  hundred  forty-five,  aboard  merchant  vessels in  oceangoing, i.e., foreign, intercoastal, or coastwise  service  as  such  terms  are defined under federal law (46 USCA 10301 & 10501) and further  to include "near foreign" voyages between the United States and  Canada,  Mexico,  or  the  West  Indies  via  ocean  routes, or public vessels in  oceangoing service or foreign waters and who has received a  Certificate  of Release or Discharge from Active Duty and a discharge certificate, or  an Honorable Service Certificate/Report of Casualty, from the Department  of  Defense, or on service by one who served as a United States civilian  employed by the American Field Service and served overseas under  United  States  Armies  and United States Army Groups in world war II during the  period of armed conflict, December seventh, nineteen  hundred  forty-onethrough  May eighth, nineteen hundred forty-five, and who was discharged  or released therefrom under honorable conditions, or on service  by  one  who  served  as a United States civilian Flight Crew and Aviation Ground  Support   Employee   of  Pan  American  World  Airways  or  one  of  its  subsidiaries or its affiliates and served overseas as a  result  of  Pan  American's  contract  with  Air Transport Command or Naval Air Transport  Service during  the  period  of  armed  conflict,  December  fourteenth,  nineteen  hundred  forty-one through August fourteenth, nineteen hundred  forty-five, and who was discharged or released therefrom under honorable  conditions by a person who was a resident of New York state at the  time  of entry into such service and at the time of being discharged therefrom  under  honorable  circumstances,  and who makes the payments required in  accordance with the provisions of this subdivision.    However,  no  military  service  shall  be   creditable   under   this  subdivision  in the case of a member who is receiving a military pension  (other than for disability) for military service in the armed forces  of  the United States.    b.  To  obtain  such credit a member shall: (1) deposit in the annuity  savings fund a sum equal to the product  of  his  required  contribution  rate  at  time  of entry into full-time New York state teaching service,  his annual full-time rate of compensation at that time, and  the  period  of  military  service  being  claimed,  with  regular  interest, and (2)  deposit in the pension accumulation fund a sum equal to the  product  of  the  employer's contribution rate exclusive of the rate for supplemental  pensions at the time of the member's entry into such  teaching  service,  his  annual  full-time rate of compensation at that time, and the period  of military service being claimed, with regular interest.  Such  deposit  must  be  made on or before October fourteenth, nineteen hundred eighty,  provided, however, such member may elect to deposit such amount  over  a  period  of  time  no  greater  than the period for which credit is being  claimed, in which case such payments must commence no later than October  fourteenth, nineteen hundred eighty. If the full amount of such payments  is not paid to the retirement system at  the  time  of  retirement,  the  amount  of service credited shall be proportional to the total amount of  the payments made.    c. The credit for military service hereunder  shall  not  be  used  to  increase  a  service  retirement  benefit if, at the time of retirement,  such member (1) is retiring from service with less  than  ten  years  of  full-time  service  credit or (2) is retiring with less than three years  of member service rendered subsequent to the date that he last became  a  member  of  this  system.  Upon  retirement, as specified in (1) or (2),  there shall be refunded to such member the amount of such  deposit  plus  accrued  interest  exclusive  of  the  amount  deposited  to the pension  accumulation fund attributable to death and disability benefits.    d. (1) In the case of members who have transferred  into  this  system  from  another  public  retirement  system  within the state of New York,  their rate of contribution shall be computed as though they had  been  a  member  of  this  system  from  the date of membership in the retirement  system from which they transferred.    (2) Any other provision of law to the  contrary  notwithstanding,  the  rate  of  contribution  to  be  used in calculating contributions to the  annuity savings fund pursuant to this subdivision shall be at  the  rate  of  four  per  centum of earnable compensation for members whose date of  membership is on or before June thirtieth, nineteen hundred  forty-eight  and  at the rate of five per centum of earnable compensation for members  whose date of membership is on or after  July  first,  nineteen  hundred  forty-eight.e. In no event shall credit be granted pursuant to this subdivision if  credit  is  granted  for  the  same  period  of  time  pursuant to other  provisions of law.    f.  No  application  for  credit  pursuant  to  the provisions of this  subdivision shall be honored if made  on  or  after  October  fifteenth,  nineteen hundred eighty.    11. a. If a retired member, receiving a retirement allowance for other  than  disability,  returns to active public service, except as otherwise  provided in sections two hundred eleven or two  hyndred  twelve  of  the  retirement  and  social  security law, and is eligible for membership in  the retirement system, he  thereupon  shall  become  a  member  and  his  retirement  allowance  shall be suspended in the same manner as provided  in subdivision five of section five hundred three of  this  article.  In  such event, he shall contribute to the retirement system as if he were a  new  member.  Upon his subsequent retirement after at least two years of  service he shall:    1. Be credited with all member service earned by  him  since  he  last  became a member of the retirement system, and    2. Receive a retirement allowance which shall consist of:    (a) An annuity as provided in subdivision five of section five hundred  three  of this article plus an annuity which is the actuarial equivalent  of any contributions made by him since he last became a member, and    (b) The pension which he was receiving immediately prior to  his  last  restoration  to  membership  as  provided in subdivision five of section  five hundred three of this article, plus a pension based upon the member  service credit earned by him since he last became a member. Such  latter  pension  shall  be  computed as if he were a new member when he rejoined  the system pursuant to the provisions of this subdivision.    b. Where such member shall have earned at least five years  of  member  service  credit  after  restoration to active service, the total service  credit to which he was entitled at the time of  his  earlier  retirement  may,  at  his  option,  again be credited to him and upon his subsequent  retirement he shall be credited in addition for purposes of  computation  of  the  pension  portion  of  the  retirement allowance with all member  service earned by him subsequent to his last restoration to  membership.  Such  total  service  credit to which he was entitled at the time of his  earlier retirement shall be so credited only  in  the  event  that  such  member  returns  to  the  retirement  system  with  regular interest the  actuarial equivalent of the amount of the pension he received, or in the  event that such amount is not so repaid the actuarial equivalent thereof  shall be deducted from his subsequent retirement allowance.    c. Notwithstanding the foregoing provisions  of  this  subdivision,  a  retired  member  who  is receiving a retirement allowance for other than  physical disability, and who returns to active public service, may elect  not to be restored to membership in the retirement system until  he  has  rendered  one year of service following his return to public service. In  such event his retirement allowance shall be suspended during such  year  of service in the same manner as provided in subdivision five of section  five  hundred  three  of  this  article.  Upon restoration to membership  following completion of such year of service, his service in  such  year  shall be deemed to be service while a member for purposes of subdivision  b of section five hundred twelve of this article. He may purchase member  service  credit  for  such  year,  which  shall  be deemed earned member  service credit.    d. Notwithstanding any other provision  of  this  article,  a  retired  member  who rejoins the system under the provisions of paragraphs a or c  of this subdivision shall only be entitled to a death benefit  according  to  the  provisions  of  paragraph  two of subdivision b of section fivehundred twelve of this article and of no other subdivision  thereof  and  for  the purposes of said paragraph two of subdivision b of section five  hundred twelve the credited service as a teacher shall be service  as  a  teacher credited since last joining the system.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Edn > Title-1 > Article-11 > 503

§ 503. Membership  of  system.  1.  The  membership  of the retirement  system shall consist of the following:    a. All teachers who were teachers  on  or  before  the  first  day  of  August,  nineteen hundred twenty-one, who shall file with the retirement  board applications for membership, except  those  specifically  excluded  under subdivision four of this section.    b.  All  teachers  who were not teachers on or before the first day of  August, nineteen hundred twenty-one, except those specifically  excluded  under subdivision four of this section.    2.  The  retirement  board  may,  in its discretion, deny the right to  become members to any class  of  teachers  whose  compensation  is  only  partly  paid  by  the  employer or who are serving on a temporary or any  other than a per annum basis, and it may also, in its  discretion,  make  optional  with  members in any such class their individual entrance into  membership.    3. The membership of any person in the retirement system  shall  cease  when  seven years have elapsed since the member has performed service as  a teacher which was credited with  the  system  except  as  provided  in  section five hundred twelve-a of this article, or upon the withdrawal by  a  contributor  of  his  accumulated  contributions  as provided in this  article, or upon retirement on a pension, or at death, except  that  the  membership  of  a teacher, who has not withdrawn his contributions shall  not be cancelled if he (a) has not had sufficient service to be eligible  for disability  retirement,  and  proves  to  the  satisfaction  of  the  retirement  board  that  absence  from  service  was  caused by personal  illness  constituting  disability  or  (b)  is  eligible  to  receive  a  retirement allowance from the system for other than disability.    4.  Teachers who are members or who become members of a local district  pension  system  maintained  under  the   laws   of   the   state   from  appropriations  or  contributions  made  wholly or partly by an employer  shall be excluded from membership in this retirement system.    5. A retired teacher receiving a retirement allowance for  other  than  disability may return to active public service. Any such retired teacher  returning  to  active  service  shall  immediately notify the retirement  board of his intention. Except as otherwise  provided  in  sections  two  hundred  eleven  and  two  hundred  twelve  of the retirement and social  security law and section one hundred fifty of the civil service law, his  retirement allowance shall be suspended during the time he is in  active  service.  If  such  teacher  has  not  elected  an optional benefit, the  payments of his annuity so  suspended  shall  be  held  in  the  annuity  reserve  fund  at  regular  interest,  and  upon  the  resumption of his  retirement  allowance  after  again  leaving  the  active  service  such  accumulated  amounts  shall be applied to increase the annuity otherwise  payable to him or in the event of his death while in active service such  accumulated amounts shall be paid to his estate or  to  such  person  as  last  designated as the beneficiary of his accumulated contributions. If  such teacher has elected an optional benefit and dies  while  in  active  service, the optional benefit in respect of his annuity shall be payable  as  if  no annuity payments had been suspended, but the optional benefit  in respect of his  pension  shall  not  be  payable  in  excess  of  the  proportion  that the cost of such optional pension, when measured by the  difference between his pension without  optional  modification  and  the  optional  pension,  is  currently  covered  by the amount of the annuity  payments suspended while he is in active service, which difference shall  be paid during the period of his active service from the annuity reserve  fund to the fund from which his pension was payable. If,  however,  such  full  cost of the optional pension is greater than the suspended annuity  payments, the teacher may elect upon returning to active service to  paythe  amount  of  such difference directly to the retirement system to be  credited to the fund from which his pension was payable, and subject  to  such  payments  monthly in advance, or at such other intervals as may be  agreed  upon  with the retirement board, the optional benefit in respect  of the pension shall be payable in the event the teacher dies  while  in  active  service,  as  if  no pension payments had been suspended. If the  suspended annuity payments are  greater  than  such  full  cost  of  the  optional pension, the amount of such difference shall be held at regular  interest  in  the  annuity  reserve fund, and upon the resumption of his  retirement allowance after again leaving active service such accumulated  amounts shall be applied to increase the annuity  otherwise  payable  to  him,  or  in  the  event  of  his  death  while  in  active service such  accumulated amounts shall be paid to his estate or  to  the  beneficiary  nominated under the option.    6.  Credit  for  service  in  war  after world war I, which shall mean  military service during the period commencing the  first  day  of  July,  nineteen  hundred  forty,  and  terminating  the  thirtieth day of June,  nineteen hundred  forty-seven,  or  during  the  period  commencing  the  twenty-seventh  day of June, nineteen hundred fifty, and terminating the  thirty-first day of January, nineteen hundred fifty-five, or during both  such periods, as a member of the armed forces of the United  States,  of  any person who has been honorably discharged or released under honorable  circumstances  from  such service, or service by one who was employed by  the War Shipping Administration or Office of Defense  Transportation  or  their  agents as a merchant seaman documented by the United States Coast  Guard or Department of Commerce, or as a civil servant employed  by  the  United  States  Army Transport Service (later redesignated as the United  States  Army  Transportation  Corps,  Water  Division)  or   the   Naval  Transportation  Service;  and who served satisfactorily as a crew member  during the period of armed conflict, December seventh, nineteen  hundred  forty-one,  to  August  fifteenth,  nineteen  hundred forty-five, aboard  merchant  vessels  in  oceangoing,  i.e.,  foreign,   intercoastal,   or  coastwise  service  as such terms are defined under federal law (46 USCA  10301 & 10501) and further to include "near foreign" voyages between the  United States and Canada, Mexico, or the West Indies via  ocean  routes,  or  public  vessels  in oceangoing service or foreign waters and who has  received a Certificate of Release or Discharge from Active  Duty  and  a  discharge  certificate,  or  an  Honorable Service Certificate/Report of  Casualty, from the Department of Defense  or  who  served  as  a  United  States  civilian  employed  by  the  American  Field  Service and served  overseas under United States Armies and United  States  Army  Groups  in  world  war  II  during  the  period of armed conflict, December seventh,  nineteen  hundred  forty-one  through  May  eighth,   nineteen   hundred  forty-five, and who was discharged or released therefrom under honorable  conditions,  or  who  served as a United States civilian Flight Crew and  Aviation Ground Support Employee of Pan American World Airways or one of  its subsidiaries or its affiliates and served overseas as  a  result  of  Pan  American's  contract  with  Air  Transport  Command  or  Naval  Air  Transport  Service  during  the  period  of  armed  conflict,   December  fourteenth,   nineteen  hundred  forty-one  through  August  fourteenth,  nineteen  hundred  forty-five,  and  who  was  discharged  or   released  therefrom  under  honorable  conditions,  and  who  was a teacher in the  public schools of this state at the time of his entrance into the  armed  forces of the United States, provided no compensation was received under  the provisions of section two hundred forty-two of the military law, and  who returned to public school teaching following discharge or completion  of  advanced  education  provided under servicemen's readjustment act of  nineteen hundred forty-four, or who following such discharge or  releaseentered  into  a  service  which  would  qualify him pursuant to section  forty-three of the retirement and social security law  to  transfer  his  membership  in  the New York state teachers' retirement system, shall be  provided  as  follows, any provisions of section two hundred forty-three  of the military law to the contrary notwithstanding.    (a) Service in war after world war I as defined  in  this  subdivision  shall  be  deemed to be service for all purposes of the retirement fund,  provided claim for such service shall be filed by the  member  with  the  retirement  board  within  two  years  following  his  return  to active  teaching service or the entry of the member into a service  which  would  qualify  him  pursuant to section fifty-nine of the civil service law to  transfer his membership to  the  New  York  city  employees'  retirement  system  or  to  the  New  York state employees' retirement system or the  fifteenth day of  April,  nineteen  hundred  sixty-seven,  whichever  is  later.    (b)  For  the purposes of computing final average salary, compensation  during any period of service in war after world war I shall be deemed to  have been at the member's rate of  compensation  in  effect  immediately  prior  to  such  period, or based on additional increments due him if he  had continued teaching.    (c) Contributions paid by any member under the provisions  of  section  two  hundred  forty-three of the military law shall be refunded directly  to the member and the corresponding contribution paid  by  the  district  shall also be returned directly to the district.    (d) On the retirement of a member with credit for service in war after  world  war  I as defined in this subdivision, there shall be transferred  from the pension accumulation fund to the annuity  reserve  fund  a  sum  equivalent  to  the  contributions  the  member  would  have made to the  annuity savings fund had he contributed during his period of service  in  war  after  world  war I at the rate in effect immediately prior to such  period, or  on  additional  increments  due  him  if  he  had  continued  teaching,  with  interest to the date of retirement, which amounts shall  be used to provide an annuity for him.    (e) In addition to the contributions  required  of  employers  to  the  retirement  system  as  otherwise  provided,  there  shall  be  paid  an  additional contribution to the pension accumulation fund  to  cover  the  cost  of  the  additional  benefits  covered  by  this  subdivision. The  additional contributions shall be collected by  increasing  the  regular  contributions of the employers in the same proportion as the liabilities  of  the  pension accumulation fund are increased by the adoption of this  subdivision.    7. A teacher, who  was  a  member  of  the  New  York  state  teachers  retirement   system  but  who  withdrew  his  accumulated  contributions  immediately prior to his entry into, or during his service in the  armed  forces  of  the  United  States  in  war after World War I, who has been  honorably discharged or released from service, provided no  compensation  was  received  under  the provisions of section two hundred forty-two of  the military law, and who returned to  public  school  teaching  in  the  state  of  New  York  following  such discharge or release, or following  completion   of   advanced   education   provided   under   servicemen's  readjustment  act  of  nineteen  hundred  forty-four,  any provisions of  section two hundred forty-three of the  military  law  to  the  contrary  notwithstanding,  will  be  entitled  to credit for service in war after  World War I, cost free, provided, however, that such credit will not  be  allowed until he claims and pays for all prior teaching service credited  to  him  at  the  time  of his termination of membership in the New York  state teachers retirement system, and provided further  that  claim  for  such  service in war after World War I shall be filed by the member withthe retirement board before the first  day  of  July,  nineteen  hundred  sixty-eight.    8.  A  teacher  who  had  been granted credit for service in war after  world war I as provided in this section and whose membership in the  New  York  state  teachers retirement system subsequently ceased by reason of  withdrawal of his accumulated contributions will, upon rejoining the New  York state teachers retirement system, be entitled to  the  same  credit  for  service  in  war after world war I, cost free, that he was credited  with upon termination of his membership in the New York  state  teachers  retirement  system,  provided,  however,  that  such  credit will not be  allowed until he claims and pays for all prior teaching service credited  to him at the time of his termination of  membership  in  the  New  York  state teachers retirement system.    9.  Credit  for  emergency service on or after October first, nineteen  hundred sixty-one, shall mean active duty (other than for  training)  in  the  armed  forces  of  the United States as defined in title ten of the  United States code on or after October first, nineteen hundred sixty-one  and terminating on June thirtieth, nineteen hundred  sixty-three  or  on  the  date  that  no  reserve  component unit originally ordered into the  active service of the United States from the state on or  after  October  first,  nineteen  hundred  sixty-one  remains  on  such  active service,  whichever sooner occurs, of any person who:    a. was a teacher in the public schools of this state at  the  time  of  his entrance into such armed forces,    b.  was a member of the New York state teachers' retirement system and  an employee of the state or of an employer at the time he  entered  such  armed forces,    c.   has   been  honorably  discharged  or  released  under  honorable  circumstances from such service, and    d. returned to  public  school  teaching  within  one  year  following  discharge  or  release,  or completion of advanced education provided by  the United States for education of  Korean  conflict  veterans,  or  who  following  such  discharge or release entered into a service which would  qualify him, pursuant to  section  forty-three  of  the  retirement  and  social  security  law,  to transfer his membership in the New York state  teachers retirement system. Such service shall not include  any  periods  during  which  compensation  was  received  by  the  member  for accrued  vacation and overtime credit or under  the  provisions  of  section  two  hundred  forty-two  of  the  military  law or section six of chapter six  hundred eight of the laws of nineteen hundred fifty-two.    Emergency  service  on  or  after  October  first,  nineteen   hundred  sixty-one,  shall  for the purposes of this article be deemed credit for  service in war after world war I.    10. Credit for certain World War II service. a. In addition to  credit  for  military service pursuant to section two hundred forty-three of the  military law and subdivisions six through nine of this section, a member  employed as a full-time teacher by an employer as defined in subdivision  three of section five hundred one of the education law  and  who  joined  the   retirement   system   prior   to   July  first,  nineteen  hundred  seventy-three, may obtain credit for military service not in  excess  of  three  years  and  not  otherwise  creditable  under section two hundred  forty-three of the military law and subdivisions  six  through  nine  of  this  section, rendered on active duty in the armed forces of the United  States during the period commencing July first, nineteen hundred  forty,  and terminating December thirty-first, nineteen hundred forty-six, or on  service  by  one  who was employed by the War Shipping Administration or  Office of Defense Transportation or their agents as  a  merchant  seaman  documented  by  the United States Coast Guard or Department of Commerce,or as a civil servant employed  by  the  United  States  Army  Transport  Service  (later  redesignated  as  the United States Army Transportation  Corps, Water Division) or the  Naval  Transportation  Service;  and  who  served  satisfactorily  as  a  crew  member  during  the period of armed  conflict,  December  seventh,  nineteen  hundred  forty-one,  to  August  fifteenth,  nineteen  hundred  forty-five,  aboard  merchant  vessels in  oceangoing, i.e., foreign, intercoastal, or coastwise  service  as  such  terms  are defined under federal law (46 USCA 10301 & 10501) and further  to include "near foreign" voyages between the United States and  Canada,  Mexico,  or  the  West  Indies  via  ocean  routes, or public vessels in  oceangoing service or foreign waters and who has received a  Certificate  of Release or Discharge from Active Duty and a discharge certificate, or  an Honorable Service Certificate/Report of Casualty, from the Department  of  Defense  or on service by one who served as a United States civilian  employed by the American Field Service and served overseas under  United  States  Armies  and United States Army Groups in world war II during the  period of armed conflict, December seventh, nineteen  hundred  forty-one  through  May eighth, nineteen hundred forty-five, and who was discharged  or released therefrom under honorable conditions, or on service  by  one  who  served  as a United States civilian Flight Crew and Aviation Ground  Support  Employee  of  Pan  American  World  Airways  or  one   of   its  subsidiaries  or  its  affiliates and served overseas as a result of Pan  American's contract with Air Transport Command or  Naval  Air  Transport  Service  during  the  period  of  armed  conflict,  December fourteenth,  nineteen hundred forty-one through August fourteenth,  nineteen  hundred  forty-five, and who was discharged or released therefrom under honorable  conditions  by a person who was a resident of New York state at the time  of entry into such service and at the time of being discharged therefrom  under honorable circumstances, and who makes the  payments  required  in  accordance with the provisions of this subdivision.    However,   no   military   service  shall  be  creditable  under  this  subdivision in the case of a member who is receiving a military  pension  (other  than for disability) for military service in the armed forces of  the United States.    b. To obtain such credit a member shall: (1) deposit  in  the  annuity  savings  fund  a  sum  equal to the product of his required contribution  rate at time of entry into full-time New York  state  teaching  service,  his  annual  full-time rate of compensation at that time, and the period  of military service  being  claimed,  with  regular  interest,  and  (2)  deposit  in  the pension accumulation fund a sum equal to the product of  the employer's contribution rate exclusive of the rate for  supplemental  pensions  at  the time of the member's entry into such teaching service,  his annual full-time rate of compensation at that time, and  the  period  of  military  service being claimed, with regular interest. Such deposit  must  be  made  on  or  before  October  fourteenth,  nineteen   hundred  seventy-seven,  provided, however, such member may elect to deposit such  amount over a period of time no greater than the period for which credit  is being claimed, in which case such payments  must  commence  no  later  than  October  fourteenth,  nineteen  hundred seventy-seven. If the full  amount of such payments is not paid to the retirement system at the time  of retirement, the amount of service credited shall be  proportional  to  the total amount of the payments made.    c.  The  credit  for  military  service hereunder shall not be used to  increase a service retirement benefit if, at  the  time  of  retirement,  such  member  (1)  is  retiring from service with less than ten years of  full-time service credit or (2) is retiring with less than  three  years  of  member service rendered subsequent to the date that he last became a  member of this system. Upon retirement, as  specified  in  (1)  or  (2),there  shall  be refunded to such member the amount of such deposit plus  accrued interest exclusive  of  the  amount  deposited  to  the  pension  accumulation fund attributable to death and disability benefits.    d.  (1)  In  the case of members who have transferred into this system  from another public retirement system within  the  state  of  New  York,  their  rate  of contribution shall be computed as though they had been a  member of this system from the date  of  membership  in  the  retirement  system from which they transferred.    (2)  Any  other  provision of law to the contrary notwithstanding, the  rate of contribution to be used  in  calculating  contributions  to  the  annuity  savings  fund pursuant to this subdivision shall be at the rate  of four per centum of earnable compensation for members  whose  date  of  membership  is on or before June thirtieth, nineteen hundred forty-eight  and at the rate of five per centum of earnable compensation for  members  whose  date  of  membership  is on or after July first, nineteen hundred  forty-eight.    e. In no event shall credit be granted pursuant to this subdivision if  credit is granted  for  the  same  period  of  time  pursuant  to  other  provisions of law.    f.  No  application  for  credit  pursuant  to  the provisions of this  subdivision shall be honored  if  made  on  or  after  April  fifteenth,  nineteen hundred seventy-seven.    10-a.  Credit  for  certain  World  War  II service. a. In addition to  credit for military service pursuant to section two hundred  forty-three  of the military law and subdivisions six through nine of this section, a  member  who  joined  the retirement system prior to July first, nineteen  hundred seventy-three, and who was not eligible for credit for  military  service  under subdivision ten of this section as a result of being on a  leave of absence without pay between July  twentieth,  nineteen  hundred  seventy-six  and October fifteenth, nineteen hundred seventy-seven or on  leave of absence  with  less  than  full  pay  between  July  twentieth,  nineteen  hundred  seventy-six  and  October fifteenth, nineteen hundred  seventy-seven, may obtain credit for military service not in  excess  of  three  years  and  not  otherwise  creditable  under section two hundred  forty-three of the military law and subdivisions  six  through  nine  of  this  section, rendered on active duty in the armed forces of the United  States during the period commencing July first, nineteen hundred  forty,  and terminating December thirty-first, nineteen hundred forty-six, or on  service  by  one  who was employed by the War Shipping Administration or  Office of Defense Transportation or their agents as  a  merchant  seaman  documented  by  the United States Coast Guard or Department of Commerce,  or as a civil servant employed  by  the  United  States  Army  Transport  Service  (later  redesignated  as  the United States Army Transportation  Corps, Water Division) or the  Naval  Transportation  Service;  and  who  served  satisfactorily  as  a  crew  member  during  the period of armed  conflict,  December  seventh,  nineteen  hundred  forty-one,  to  August  fifteenth,  nineteen  hundred  forty-five,  aboard  merchant  vessels in  oceangoing, i.e., foreign, intercoastal, or coastwise  service  as  such  terms  are defined under federal law (46 USCA 10301 & 10501) and further  to include "near foreign" voyages between the United States and  Canada,  Mexico,  or  the  West  Indies  via  ocean  routes, or public vessels in  oceangoing service or foreign waters and who has received a  Certificate  of Release or Discharge from Active Duty and a discharge certificate, or  an Honorable Service Certificate/Report of Casualty, from the Department  of  Defense, or on service by one who served as a United States civilian  employed by the American Field Service and served overseas under  United  States  Armies  and United States Army Groups in world war II during the  period of armed conflict, December seventh, nineteen  hundred  forty-onethrough  May eighth, nineteen hundred forty-five, and who was discharged  or released therefrom under honorable conditions, or on service  by  one  who  served  as a United States civilian Flight Crew and Aviation Ground  Support   Employee   of  Pan  American  World  Airways  or  one  of  its  subsidiaries or its affiliates and served overseas as a  result  of  Pan  American's  contract  with  Air Transport Command or Naval Air Transport  Service during  the  period  of  armed  conflict,  December  fourteenth,  nineteen  hundred  forty-one through August fourteenth, nineteen hundred  forty-five, and who was discharged or released therefrom under honorable  conditions by a person who was a resident of New York state at the  time  of entry into such service and at the time of being discharged therefrom  under  honorable  circumstances,  and who makes the payments required in  accordance with the provisions of this subdivision.    However,  no  military  service  shall  be   creditable   under   this  subdivision  in the case of a member who is receiving a military pension  (other than for disability) for military service in the armed forces  of  the United States.    b.  To  obtain  such credit a member shall: (1) deposit in the annuity  savings fund a sum equal to the product  of  his  required  contribution  rate  at  time  of entry into full-time New York state teaching service,  his annual full-time rate of compensation at that time, and  the  period  of  military  service  being  claimed,  with  regular  interest, and (2)  deposit in the pension accumulation fund a sum equal to the  product  of  the  employer's contribution rate exclusive of the rate for supplemental  pensions at the time of the member's entry into such  teaching  service,  his  annual  full-time rate of compensation at that time, and the period  of military service being claimed, with regular interest.  Such  deposit  must  be  made on or before October fourteenth, nineteen hundred eighty,  provided, however, such member may elect to deposit such amount  over  a  period  of  time  no  greater  than the period for which credit is being  claimed, in which case such payments must commence no later than October  fourteenth, nineteen hundred eighty. If the full amount of such payments  is not paid to the retirement system at  the  time  of  retirement,  the  amount  of service credited shall be proportional to the total amount of  the payments made.    c. The credit for military service hereunder  shall  not  be  used  to  increase  a  service  retirement  benefit if, at the time of retirement,  such member (1) is retiring from service with less  than  ten  years  of  full-time  service  credit or (2) is retiring with less than three years  of member service rendered subsequent to the date that he last became  a  member  of  this  system.  Upon  retirement, as specified in (1) or (2),  there shall be refunded to such member the amount of such  deposit  plus  accrued  interest  exclusive  of  the  amount  deposited  to the pension  accumulation fund attributable to death and disability benefits.    d. (1) In the case of members who have transferred  into  this  system  from  another  public  retirement  system  within the state of New York,  their rate of contribution shall be computed as though they had  been  a  member  of  this  system  from  the date of membership in the retirement  system from which they transferred.    (2) Any other provision of law to the  contrary  notwithstanding,  the  rate  of  contribution  to  be  used in calculating contributions to the  annuity savings fund pursuant to this subdivision shall be at  the  rate  of  four  per  centum of earnable compensation for members whose date of  membership is on or before June thirtieth, nineteen hundred  forty-eight  and  at the rate of five per centum of earnable compensation for members  whose date of membership is on or after  July  first,  nineteen  hundred  forty-eight.e. In no event shall credit be granted pursuant to this subdivision if  credit  is  granted  for  the  same  period  of  time  pursuant to other  provisions of law.    f.  No  application  for  credit  pursuant  to  the provisions of this  subdivision shall be honored if made  on  or  after  October  fifteenth,  nineteen hundred eighty.    11. a. If a retired member, receiving a retirement allowance for other  than  disability,  returns to active public service, except as otherwise  provided in sections two hundred eleven or two  hyndred  twelve  of  the  retirement  and  social  security law, and is eligible for membership in  the retirement system, he  thereupon  shall  become  a  member  and  his  retirement  allowance  shall be suspended in the same manner as provided  in subdivision five of section five hundred three of  this  article.  In  such event, he shall contribute to the retirement system as if he were a  new  member.  Upon his subsequent retirement after at least two years of  service he shall:    1. Be credited with all member service earned by  him  since  he  last  became a member of the retirement system, and    2. Receive a retirement allowance which shall consist of:    (a) An annuity as provided in subdivision five of section five hundred  three  of this article plus an annuity which is the actuarial equivalent  of any contributions made by him since he last became a member, and    (b) The pension which he was receiving immediately prior to  his  last  restoration  to  membership  as  provided in subdivision five of section  five hundred three of this article, plus a pension based upon the member  service credit earned by him since he last became a member. Such  latter  pension  shall  be  computed as if he were a new member when he rejoined  the system pursuant to the provisions of this subdivision.    b. Where such member shall have earned at least five years  of  member  service  credit  after  restoration to active service, the total service  credit to which he was entitled at the time of  his  earlier  retirement  may,  at  his  option,  again be credited to him and upon his subsequent  retirement he shall be credited in addition for purposes of  computation  of  the  pension  portion  of  the  retirement allowance with all member  service earned by him subsequent to his last restoration to  membership.  Such  total  service  credit to which he was entitled at the time of his  earlier retirement shall be so credited only  in  the  event  that  such  member  returns  to  the  retirement  system  with  regular interest the  actuarial equivalent of the amount of the pension he received, or in the  event that such amount is not so repaid the actuarial equivalent thereof  shall be deducted from his subsequent retirement allowance.    c. Notwithstanding the foregoing provisions  of  this  subdivision,  a  retired  member  who  is receiving a retirement allowance for other than  physical disability, and who returns to active public service, may elect  not to be restored to membership in the retirement system until  he  has  rendered  one year of service following his return to public service. In  such event his retirement allowance shall be suspended during such  year  of service in the same manner as provided in subdivision five of section  five  hundred  three  of  this  article.  Upon restoration to membership  following completion of such year of service, his service in  such  year  shall be deemed to be service while a member for purposes of subdivision  b of section five hundred twelve of this article. He may purchase member  service  credit  for  such  year,  which  shall  be deemed earned member  service credit.    d. Notwithstanding any other provision  of  this  article,  a  retired  member  who rejoins the system under the provisions of paragraphs a or c  of this subdivision shall only be entitled to a death benefit  according  to  the  provisions  of  paragraph  two of subdivision b of section fivehundred twelve of this article and of no other subdivision  thereof  and  for  the purposes of said paragraph two of subdivision b of section five  hundred twelve the credited service as a teacher shall be service  as  a  teacher credited since last joining the system.