New York Retirement and Social Security Code § 445-A

Optional twenty-year improved benefit retirement program for New York city correction members below the rank of captain
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§ 445-a. Optional twenty-year improved benefit retirement program for\nNew York city correction members below the rank of captain.  a.\nDefinitions. The following words and phrases as used in this section\nshall have the following meanings unless a different meaning is plainly\nrequired by the context.\n  1. "Retirement system" shall mean the New York city employees'\nretirement system.\n  2. "New York city correction officer below the rank of captain" shall\nmean a member of the uniformed force of the New York city department of\ncorrection who holds the rank of correction officer below the rank of\ncaptain in the correction service of the classification of the\ndepartment of personnel of such city.\n  3. "New York city correction member below the rank of captain" shall\nmean a member of the retirement system who is subject to the provisions\nof this article, who is a New York city correction officer below the\nrank of captain and who has elected to contribute to the retirement\nsystem on the basis of a minimum retirement period of twenty years of\ncredited service pursuant to the optional retirement provisions of\nsection 13-155 of the administrative code.\n  4. "Twenty-year improved benefit retirement program" shall mean all\nthe terms and conditions of this section.\n  5. "Starting date of the twenty-year improved benefit retirement\nprogram" shall mean the effective date of this section, as such date is\ncertified pursuant to section forty-one of the legislative law.\n  6. "Participant in the twenty-year improved benefit retirement\nprogram" shall mean any New York city correction member below the rank\nof captain who, under the applicable provisions of subdivision b of this\nsection, is entitled to the rights, benefits and privileges and is\nsubject to the obligations of the twenty-year improved benefit\nretirement program, as applicable to him or her.\n  7. "Administrative code" shall mean the administrative code of the\ncity of New York.\n  8. "Accumulated deductions" shall mean accumulated deductions as\ndefined in subdivision eleven of section 13-101 of the administrative\ncode.\n  9. "New York city correction officer of the rank of captain or above"\nshall have the same meaning as set forth in paragraph two of subdivision\na of section four hundred forty-five-c of this article.\n  10. "Twenty-year improved benefit retirement program for captains and\nabove" shall mean all the terms and conditions of section four hundred\nforty-five-c of this article.\n  11. "Starting date of the twenty-year improved benefit retirement\nprogram for captains and above" shall have the same meaning as set forth\nin paragraph five of subdivision a of section four hundred forty-five-c\nof this article.\n  b. Election of twenty-year improved benefit retirement program. 1.\nSubject to the provisions of paragraph five of this subdivision, any\nperson who is a New York city correction member below the rank of\ncaptain on the starting date of the twenty-year improved benefit\nretirement program may elect to become a participant in the twenty-year\nimproved benefit retirement program by filing, within one hundred eighty\ndays after such starting date, a duly executed application for such\nparticipation with the retirement system, provided he or she is such a\ncorrection member below the rank of captain on the date such application\nis filed.\n  2. Subject to the provisions of paragraph five of this subdivision,\nany person who becomes a New York city correction member below the rank\nof captain after the starting date of the twenty-year improved benefit\nretirement program may elect to become a participant in the twenty-year\nimproved benefit retirement program by filing, within one hundred eighty\ndays after becoming such a correction member, a duly executed\napplication for such participation with the retirement system, provided\nhe or she is such a correction member below the rank of captain on the\ndate such application is filed.\n  3. Any 

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