State Codes and Statutes

Statutes > New-york > Gct > Article-2 > 16-b

§ 16-b. Computation   of   pensions   in   certain  retirement  funds.  Notwithstanding the provisions of any other law, general or special, the  members of every teachers' retirement system in all cities of the  state  shall, when retired pursuant to the law governing such system, receive a  pension,  if  lawfully  entitled  thereto,  based  on the average annual  compensation earnable as a teacher during  the  five  years  immediately  preceding the date of his retirement, or the average annual compensation  earnable as a teacher during any ten consecutive years of state service,  said ten years to be selected by the member prior to date of retirement.

State Codes and Statutes

Statutes > New-york > Gct > Article-2 > 16-b

§ 16-b. Computation   of   pensions   in   certain  retirement  funds.  Notwithstanding the provisions of any other law, general or special, the  members of every teachers' retirement system in all cities of the  state  shall, when retired pursuant to the law governing such system, receive a  pension,  if  lawfully  entitled  thereto,  based  on the average annual  compensation earnable as a teacher during  the  five  years  immediately  preceding the date of his retirement, or the average annual compensation  earnable as a teacher during any ten consecutive years of state service,  said ten years to be selected by the member prior to date of retirement.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Gct > Article-2 > 16-b

§ 16-b. Computation   of   pensions   in   certain  retirement  funds.  Notwithstanding the provisions of any other law, general or special, the  members of every teachers' retirement system in all cities of the  state  shall, when retired pursuant to the law governing such system, receive a  pension,  if  lawfully  entitled  thereto,  based  on the average annual  compensation earnable as a teacher during  the  five  years  immediately  preceding the date of his retirement, or the average annual compensation  earnable as a teacher during any ten consecutive years of state service,  said ten years to be selected by the member prior to date of retirement.