N.Y. Retire. & Soc. Sec. Law § 110

§ 110. Exemption from taxes and legal process. The right of a person\nto a pension, a pension-providing-for-increased-take-home-pay, an\nannuity or a retirement allowance, to the return of contributions, the\npension, the pension-providing-for-increased-take-home-pay, annuity, or\nretirement allowance itself, any optional benefit, including any benefit\nor monies accruing under an optional retirement program pursuant to\narticle eight-B or one hundred twenty-five-A of the education law, any\nother right accrued or accruing to any person under the provisions of\nthis chapter and the monies in the various funds continued under this\nchapter:\n 1. Are hereby exempt from any state or municipal tax, except the\nestate tax, and\n 2. Shall not be subject to execution, garnishment, attachment, or any\nother process whatsoever, and\n 3. Shall be unassignable, except as in this chapter specifically\nprovided.\n