N.Y. Retire. & Soc. Sec. Law § 384-c
Additional pension benefits for certain police officers after twenty-five years of service
Redline — January 1, 2015 → current.View current text →
Current — January 1, 2020
As of January 1, 2015
§ 384-c. Additional pension benefits for certain policemen after\ntwenty-five years of service. a. In the event a member of the police\nforce of the city of Glen Cove, in the county of Nassau, who is\ncontributing to the retirement system under section eighty-four of this\nchapter, shall continue in service after twenty-five years of total\ncreditable police service under such section in such force, he shall\nreceive, upon retirement, in addition to the amount of any retirement\nallowance he would otherwise be entitled to receive, pursuant to the\napplicable provisions of this chapter, an additional pension for such\nservice of one-sixtieth of his final average salary for each completed\nadditional year of service after twenty-five years. The participating\nemployer in the case of any policeman eligible for the additional\npension benefit prescribed by this section shall make additional\ncontributions to the appropriate fund of the retirement system necessary\nto pay the difference between the amounts prescribed by this section and\nthe amount the member would otherwise be entitled to receive at the time\nof his retirement.\n b. The service in the police force of any member of such force, to be\neligible for the additional pension credit under this section shall be\nterminated and he shall be retired on or before the first day of the\ncalendar month next succeeding his attainment of age sixty-two provided,\nhowever, that in the case of the chief of such force who has attained\nthe age of sixty-two on or before September first, nineteen hundred\nsixty-six, to be eligible for additional pension credit under this\nsection, his service shall be terminated and he shall be retired on or\nbefore August thirty-first, nineteen hundred seventy.\n Notwithstanding the foregoing, during the period terminating August\nthirty-first, nineteen hundred seventy, such chief shall be retired on\nthe first day of the calendar month next succeeding his attainment of\nage seventy; provided that service rendered by such chief after\nattaining age sixty-five shall not be used to provide additional\nbenefits, except that the salary paid for such service may be used in\nthe computation of benefits.\n c. The provisions of subdivisions f, g and h of section eighty-four of\nthis chapter shall not be applicable to the city of Glen Cove in the\ncounty of Nassau.\n
§ 384-c. Additional pension benefits for certain police officers after\ntwenty-five years of service. a. In the event a member of the police\nforce of the city of Glen Cove, in the county of Nassau, who is\ncontributing to the retirement system, shall continue in service after\ntwenty-five years of total creditable police service under such section\nin such force, he or she shall receive, upon retirement, in addition to\nthe amount of any retirement allowance he or she would otherwise be\nentitled to receive, pursuant to the applicable provisions of this\nchapter, an additional pension for such service of one-sixtieth of his\nor her final average salary for each completed additional year of\nservice after twenty-five years. The participating employer in the case\nof any police officer eligible for the additional pension benefit\nprescribed by this section shall make additional contributions to the\nappropriate fund of the retirement system necessary to pay the\ndifference between the amounts prescribed by this section and the amount\nthe member would otherwise be entitled to receive at the time of his or\nher retirement.\n b. The service in the police force of any member of such force, to be\neligible for the additional pension credit under this section shall be\nterminated and he shall be retired on or before the first day of the\ncalendar month next succeeding his attainment of age sixty-two provided,\nhowever, that in the case of the chief of such force who has attained\nthe age of sixty-two on or before September first, nineteen hundred\nsixty-six, to be eligible for additional pension credit under this\nsection, his service shall be terminated and he shall be retired on or\nbefore August thirty-first, nineteen hundred seventy.\n Notwithstanding the foregoing, during the period terminating August\nthirty-first, nineteen hundred seventy, such chief shall be retired on\nthe first day of the calendar month next succeeding his attainment of\nage seventy; provided that service rendered by such chief after\nattaining age sixty-five shall not be used to provide additional\nbenefits, except that the salary paid for such service may be used in\nthe computation of benefits.\n c. The provisions of subdivisions f, g and h of section eighty-four of\nthis chapter shall not be applicable to the city of Glen Cove in the\ncounty of Nassau.\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.