§ 532. Supplemental retirement allowance. a. A supplemental retirement\nallowance shall be paid to pensioners who have retired from the\nretirement system prior to the calendar year nineteen hundred\nninety-four. Such supplemental retirement allowance shall be payable on\nthe basis provided for herein, commencing with a payment for the month\nof September, nineteen hundred ninety-nine and continuing through the\nmonth of August, two thousand. Said supplemental retirement allowance\nshall be a percentage of the retirement allowance otherwise payable,\ncomputed without optional modification, but excluding any annuity\nderived from voluntary contributions made by members, except those made\npursuant to elections under subdivision one of section five hundred\neleven-a or paragraph c of subdivision three of section five hundred\nsixteen of this article. Said percentage, for each calendar year of\nretirement, is set forth in subdivision b of this section. Said\nsupplemental retirement allowance shall be computed on the basis of the\nfirst fourteen thousand dollars of such annual retirement allowance and\nshall be payable commencing September first, nineteen hundred\nninety-nine to all disability pensioners and recipients of an accidental\ndeath benefit, and to other pensioners who have attained age sixty-two\nor who have been retired for ten or more years and have attained age\nfifty-five.\n b. 1. In calculating the supplemental retirement allowance in\naccordance with subdivision a of this section, the following percentages\nwill be used for each calendar year of retirement, as appropriate:\nCalendar year of retirement Percentage\n1993 1.5\n1992 1.5\n1991 1.5\n1990 1.5\n1989 2.8\n1988 3.7\n1987 4.5\n1986 5.5\n1985 6.3\n1984 7.4\n1983 8.3\n1982 10.5\n1981 12.5\n1980 15.6\n1979 19.9\n1978 25.4\n1977 30.3\n1976 37.8\n1975 42.5\n1974 54.0\n1973 73.0\n1972 86.0\n1971 96.7\n1970 105.0\n1969 141.8\n1968 169.0\n1967 195.9\n1966 203.7\n1965 230.5\n1964 254.5\n1963 278.6\n1962 310.0\n1961 330.0\n1960 340.0\n1959 390.0\n1958 427.3\n1957 442.3\n The supplemental retirement allowance shall be rounded off to the\nnearest dollar.\n 1-a. For those pensioners retired from the retirement system prior to\nthe calendar year nineteen hundred fifty-seven the percentage referred\nto in this section shall be determined by the ratio of two indexes, in\nthe following manner. The average of the twelve monthly consumer price\nindexes of the calendar year nineteen hundred ninety-five divided by the\naverage of the twelve monthly consumer price indexes of the calendar\nyear of retirement shall be the ratio of the indexes. Said ratio, minus\none, shall be expressed as a percentage and shall be adjusted to the\nlower one-tenth of one per centum. Such adjusted percentage shall be the\npercentage of the retirement allowance, computed without optional\nmodification, whi
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