State Codes and Statutes

Statutes > New-york > Rss > Article-6 > 192

§  192.  Supplemental  retirement  allowances  of  retired  employees.  Notwithstanding  any  other  provision  of  the  retirement  and  social  security  law,  any  state retired employee or state retired teacher, as  defined by section one hundred ninety-one of this article,  who,  unless  retired  for  disability, had at least five years of credited service at  the time of his retirement, shall be entitled to a supplemental  pension  payment  to  be  known  as  a  supplemental retirement allowance payable  annually in  monthly  installments  in  accordance  with  the  following  provisions of this section:    a.  The supplemental retirement allowance provided for herein shall be  a percentage of the  retirement  allowance,  computed  without  optional  modification,  based  on  the year of his retirement, in accordance with  the  schedule  hereinafter  set  forth,  provided,  however,   that   no  supplemental retirement allowance shall:    (1) Exceed one thousand five hundred dollars per year, nor    (2)  Together  with the retirement allowance computed without optional  modification, and the primary benefit obtained under the federal old-age  survivors, and disability insurance system, exceed four thousand dollars  a year, nor    (3) In the case of any person under the age of sixty-two  retired  for  disability,  together  with  the  retirement  allowance computed without  optional modification, the primary benefit obtained  under  the  federal  old-age, survivors, and disability insurance system, and any earnings as  the  result of his own employment including self employment, exceed four  thousand dollars a year, nor    (4) In the case of state retired employees, be paid for  that  portion  of  the  annuity  based  on  additional  contributions  made pursuant to  section twenty-one (i) of the retirement and  social  security  law,  or  section fifty-eight of the civil service law since repealed, nor, in the  case  of  state  retired  teachers, that portion of the annuity based on  additional contributions made pursuant to subdivision three  of  section  five hundred sixteen of the education law, nor    (5) Be paid to any state retired employee or state retired teacher for  any  period  during  which  he  returns  to  service with the state or a  political  subdivision  thereof  other  than   service   in   employment  authorized  by section two hundred eleven, section two hundred twelve or  section two hundred fourteen of this chapter.    b.  The  supplemental  retirement  allowance  shall  be  computed   in  accordance with the following schedule:   YEAR OF RETIREMENT                  PER CENTUM   1961 or thereafter                  none  1960                                three  1959                                five  1958                                six  1957                                nine  1956                                thirteen  1955                                fifteen  1954                                fifteen  1953                                fifteen  1952                                sixteen  1951                                eighteen  1950                                twenty-eight  1949                                twenty-eight  1948                                twenty-eight  1947                                thirty-eight  1946                                fifty-eight1945                                seventy-two  1944                                seventy-six  1943                                seventy-nine  1942                                ninety  1941                                one-hundred-eleven  1940                                one-hundred-twenty-two  Prior to 1940                       one-hundred-twenty-two     c.  Any such retired employee already receiving a supplemental pension  under other provisions of the retirement and social security  law  shall  continue  to  receive  such  supplemental  pension  or shall receive the  supplemental retirement allowance provided under this section, whichever  shall be greater.

State Codes and Statutes

Statutes > New-york > Rss > Article-6 > 192

§  192.  Supplemental  retirement  allowances  of  retired  employees.  Notwithstanding  any  other  provision  of  the  retirement  and  social  security  law,  any  state retired employee or state retired teacher, as  defined by section one hundred ninety-one of this article,  who,  unless  retired  for  disability, had at least five years of credited service at  the time of his retirement, shall be entitled to a supplemental  pension  payment  to  be  known  as  a  supplemental retirement allowance payable  annually in  monthly  installments  in  accordance  with  the  following  provisions of this section:    a.  The supplemental retirement allowance provided for herein shall be  a percentage of the  retirement  allowance,  computed  without  optional  modification,  based  on  the year of his retirement, in accordance with  the  schedule  hereinafter  set  forth,  provided,  however,   that   no  supplemental retirement allowance shall:    (1) Exceed one thousand five hundred dollars per year, nor    (2)  Together  with the retirement allowance computed without optional  modification, and the primary benefit obtained under the federal old-age  survivors, and disability insurance system, exceed four thousand dollars  a year, nor    (3) In the case of any person under the age of sixty-two  retired  for  disability,  together  with  the  retirement  allowance computed without  optional modification, the primary benefit obtained  under  the  federal  old-age, survivors, and disability insurance system, and any earnings as  the  result of his own employment including self employment, exceed four  thousand dollars a year, nor    (4) In the case of state retired employees, be paid for  that  portion  of  the  annuity  based  on  additional  contributions  made pursuant to  section twenty-one (i) of the retirement and  social  security  law,  or  section fifty-eight of the civil service law since repealed, nor, in the  case  of  state  retired  teachers, that portion of the annuity based on  additional contributions made pursuant to subdivision three  of  section  five hundred sixteen of the education law, nor    (5) Be paid to any state retired employee or state retired teacher for  any  period  during  which  he  returns  to  service with the state or a  political  subdivision  thereof  other  than   service   in   employment  authorized  by section two hundred eleven, section two hundred twelve or  section two hundred fourteen of this chapter.    b.  The  supplemental  retirement  allowance  shall  be  computed   in  accordance with the following schedule:   YEAR OF RETIREMENT                  PER CENTUM   1961 or thereafter                  none  1960                                three  1959                                five  1958                                six  1957                                nine  1956                                thirteen  1955                                fifteen  1954                                fifteen  1953                                fifteen  1952                                sixteen  1951                                eighteen  1950                                twenty-eight  1949                                twenty-eight  1948                                twenty-eight  1947                                thirty-eight  1946                                fifty-eight1945                                seventy-two  1944                                seventy-six  1943                                seventy-nine  1942                                ninety  1941                                one-hundred-eleven  1940                                one-hundred-twenty-two  Prior to 1940                       one-hundred-twenty-two     c.  Any such retired employee already receiving a supplemental pension  under other provisions of the retirement and social security  law  shall  continue  to  receive  such  supplemental  pension  or shall receive the  supplemental retirement allowance provided under this section, whichever  shall be greater.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Rss > Article-6 > 192

§  192.  Supplemental  retirement  allowances  of  retired  employees.  Notwithstanding  any  other  provision  of  the  retirement  and  social  security  law,  any  state retired employee or state retired teacher, as  defined by section one hundred ninety-one of this article,  who,  unless  retired  for  disability, had at least five years of credited service at  the time of his retirement, shall be entitled to a supplemental  pension  payment  to  be  known  as  a  supplemental retirement allowance payable  annually in  monthly  installments  in  accordance  with  the  following  provisions of this section:    a.  The supplemental retirement allowance provided for herein shall be  a percentage of the  retirement  allowance,  computed  without  optional  modification,  based  on  the year of his retirement, in accordance with  the  schedule  hereinafter  set  forth,  provided,  however,   that   no  supplemental retirement allowance shall:    (1) Exceed one thousand five hundred dollars per year, nor    (2)  Together  with the retirement allowance computed without optional  modification, and the primary benefit obtained under the federal old-age  survivors, and disability insurance system, exceed four thousand dollars  a year, nor    (3) In the case of any person under the age of sixty-two  retired  for  disability,  together  with  the  retirement  allowance computed without  optional modification, the primary benefit obtained  under  the  federal  old-age, survivors, and disability insurance system, and any earnings as  the  result of his own employment including self employment, exceed four  thousand dollars a year, nor    (4) In the case of state retired employees, be paid for  that  portion  of  the  annuity  based  on  additional  contributions  made pursuant to  section twenty-one (i) of the retirement and  social  security  law,  or  section fifty-eight of the civil service law since repealed, nor, in the  case  of  state  retired  teachers, that portion of the annuity based on  additional contributions made pursuant to subdivision three  of  section  five hundred sixteen of the education law, nor    (5) Be paid to any state retired employee or state retired teacher for  any  period  during  which  he  returns  to  service with the state or a  political  subdivision  thereof  other  than   service   in   employment  authorized  by section two hundred eleven, section two hundred twelve or  section two hundred fourteen of this chapter.    b.  The  supplemental  retirement  allowance  shall  be  computed   in  accordance with the following schedule:   YEAR OF RETIREMENT                  PER CENTUM   1961 or thereafter                  none  1960                                three  1959                                five  1958                                six  1957                                nine  1956                                thirteen  1955                                fifteen  1954                                fifteen  1953                                fifteen  1952                                sixteen  1951                                eighteen  1950                                twenty-eight  1949                                twenty-eight  1948                                twenty-eight  1947                                thirty-eight  1946                                fifty-eight1945                                seventy-two  1944                                seventy-six  1943                                seventy-nine  1942                                ninety  1941                                one-hundred-eleven  1940                                one-hundred-twenty-two  Prior to 1940                       one-hundred-twenty-two     c.  Any such retired employee already receiving a supplemental pension  under other provisions of the retirement and social security  law  shall  continue  to  receive  such  supplemental  pension  or shall receive the  supplemental retirement allowance provided under this section, whichever  shall be greater.