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N.Y. Educ. Law § 527

Notwithstanding any other provision of law to the contrary the retirement board shall determine the annuity payable as of the date of ret..

2014-09-22

§ 527. Notwithstanding any other provision of law to the contrary the\nretirement board shall determine the annuity payable as of the date of\nretirement to each member of the system retired prior to the\ntwenty-eighth day of August, nineteen hundred fifty-eight, on the basis\nof the mortality tables in force either on the first day of July,\nnineteen hundred forty or the date such person joined the system,\nwhichever occurred later, and shall cause any additional amount which\nwould have been paid from the date of retirement had the annuity been\ndetermined on such basis at retirement, to be paid to any retired\nmember, his designated beneficiary or estate, provided an application is\nfiled with the retirement board in the manner prescribed by the\nretirement board and thereafter any such annuity as so determined shall\nbe paid to each such retired member or his designated beneficiary.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.