N.Y. Retirement & Social Security Law § 170
Reimbursement of supplemental pension fund by the state
New York · New York Retirement & Social Security Law · Status: effective · Effective 2014-09-22
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- Citation
- N.Y. Retirement & Social Security Law § 170, Reimbursement of supplemental pension fund by the state, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1128976
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Full text
§ 170. Reimbursement of supplemental pension fund by the state. The
comptroller shall include with his budget estimate furnished to the
governor for each fiscal year amounts estimated by him to be sufficient
to reimburse the supplemental pension fund for:
(a) the cost of
providing supplemental pension payments during the current fiscal year
to all state retired employees, except those who retired from service
with a participating employer of the New York state employees'
retirement system, as defined by subdivision twenty of section two of
this chapter; and (b) the state's pro rata share of the cost of
providing supplemental pension payments during the current fiscal year
to state retired teachers, such pro rata share to be determined as
provided in section one hundred sixty-eight of this article. The
commissioner of education shall furnish the comptroller with such
information and data as the comptroller may need to prepare such
estimate.