New York Retirement and Social Security Code § 383-E

Retirement of officers of state law enforcement; twenty year retirement plan
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§ 383-e. Retirement of officers of state law enforcement; twenty year\nretirement plan. a. Membership. Every non-seasonally appointed sworn\nmember or officer of the division of law enforcement in the department\nof environmental conservation, a forest ranger in the service of the\ndepartment of environmental conservation, which shall mean a person who\nserves on a full-time basis in the title of forest ranger I, forest\nranger II, forest ranger III, assistant superintendent of forest fire\ncontrol, superintendent of forest fire control or any successor titles\nor new titles in the forest ranger title series in the department of\nenvironmental conservation, a police officer in the department of\nenvironmental conservation, the regional state park police, and\nuniversity police officers whose date of membership is on or after July\nfirst, two thousand twenty-five shall be covered by the provisions of\nthis section. Every member described in this subdivision in such service\nwhose date of membership is on or after January ninth, two thousand ten,\nbut before July first, two thousand twenty-five may irrevocably elect to\nbe covered by the provisions of this section by filing an election\ntherefor with the comptroller. The deadline to make such election for\nevery member described in this subdivision in such service shall be\nDecember thirty-first, two thousand twenty-six or within one year of\nemployment in an eligible title, whichever is later. To be effective,\nsuch election must be duly executed and acknowledged on a form prepared\nby the comptroller for that purpose.\n  b. Retirement allowance. A member, covered by the provisions of this\nsection at the time of retirement, shall be entitled to retire upon\ncompletion of twenty years of total creditable service in such titles,\nand shall retire upon the attainment of the mandatory retirement age\nprescribed by this section, by filing an application therefor in a\nmanner similar to that provided in section three hundred seventy of this\narticle.\n  1. Upon completion of twenty years of such service and upon\nretirement, each such member shall receive a pension which, together\nwith an annuity for such years of service as provided in paragraph four\nof this subdivision, shall be sufficient to provide such member with a\nretirement allowance of one-half of such member's final average salary.\n  2. Upon completion of more than twenty years of such service and upon\nretirement, each such member shall receive, for each year of service in\nexcess of twenty, an additional pension which, together with an annuity\nfor each such year as provided in paragraph four of this subdivision,\nshall be equal to one-hundredth of such member's final average salary,\nprovided, however, that the pension payable pursuant to this section\nshall not exceed sixty-five per centum of final average salary.\n  3. Upon attainment of the mandatory retirement age without completion\nof twenty years of such service, each such member shall receive a\npension which, together with an annuity for such years of service as\nprovided in paragraph four of this subdivision, shall be equal to\none-fortieth of such member's final average salary for each year of\ncreditable service in such titles. Every such member shall also be\nentitled to an additional pension equal to the pension for any\ncreditable service rendered while not an employee in such titles as\nprovided under paragraphs three and four of subdivision a of section\nthree hundred seventy-five of this article. This latter pension shall\nnot increase the total allowance to more than one-half of such member's\nfinal average salary.\n  4. The annuity provided under paragraphs one, two and three of this\nsubdivision shall be the actuarial equivalent, at the time of\nretirement, of the member's accumulated contributions based upon the\nrate of contribution fixed under section three hundred eighty-three of\nthis title and upon the salaries earned while in such service

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