§ 170. Reimbursement of supplemental pension fund by the state. The\ncomptroller shall include with his budget estimate furnished to the\ngovernor for each fiscal year amounts estimated by him to be sufficient\nto reimburse the supplemental pension fund for: (a) the cost of\nproviding supplemental pension payments during the current fiscal year\nto all state retired employees, except those who retired from service\nwith a participating employer of the New York state employees'\nretirement system, as defined by subdivision twenty of section two of\nthis chapter; and (b) the state's pro rata share of the cost of\nproviding supplemental pension payments during the current fiscal year\nto state retired teachers, such pro rata share to be determined as\nprovided in section one hundred sixty-eight of this article. The\ncommissioner of education shall furnish the comptroller with such\ninformation and data as the comptroller may need to prepare such\nestimate.\n
N.Y. Retire. & Soc. Sec. Law § 170
Reimbursement of supplemental pension fund by the state
2014-09-22
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.