New York Retirement and Social Security Code § 445-G

Optional twenty-five year/age fifty improved benefit retirement program for automotive members
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§ 445-g. Optional twenty-five year/age fifty improved benefit\nretirement program for automotive members. a. Definitions. The following\nwords and phrases as used in this section shall have the following\nmeanings unless a different meaning is plainly required by the context.\n  1. "Retirement system" shall mean the New York city employees'\nretirement system.\n  2. "Automotive member" shall mean a member of the retirement system\nemployed by the mayoral and non-mayoral agencies of the city of New York\nas a senior automotive service worker, an automotive service worker, an\nauto body worker, an auto mechanic, a marine maintenance mechanic, an\noil burner specialist, a supervisor of mechanics (mechanical equipment),\nsenior stationary engineer, stationary engineer, auto mechanic (diesel),\nauto electrician, auto machinist, machinist or machinist helper.\n  3. "Twenty-five year/age fifty improved benefit retirement program"\nshall mean all the terms and conditions of this section.\n  4. "Starting date of the twenty-five year/age fifty improved benefit\nretirement program" shall mean, with respect to supervisors of mechanics\n(mechanical equipment), the effective date of an act amending chapter\nfive hundred sixty of the laws of two thousand one, as such date is\ncertified pursuant to section forty-one of the legislative law, and\nshall mean December twelfth, two thousand one with respect to all other\nautomotive members.\n  5. "Participant in the twenty-five year/age fifty improved benefit\nretirement program" shall mean any automotive member who, under the\napplicable provisions of subdivision b of this section, is entitled to\nthe rights, benefits and privileges and is subject to the obligations of\nthe twenty-five year/age fifty improved benefit retirement program, as\napplicable to him or her.\n  6. "Administrative code" shall mean the administrative code of the\ncity of New York.\n  7. "Accumulated deductions" shall mean accumulated deductions as\ndefined in subdivision eleven of section 13-101 of the administrative\ncode.\n  8. "Optional retirement provisions" shall mean the right to retire and\nreceive a retirement allowance under this section upon (i) the\nattainment of age fifty and (ii) the completion of twenty-five years of\ncredited service.\n  b. Election of twenty-five year/age fifty improved benefit retirement\nprogram. 1. Subject to the provisions of paragraphs five and six of this\nsubdivision, any person who is an automotive member on the starting date\nof the twenty-five year/age fifty improved benefit retirement program\nmay elect to become a participant in the twenty-five year/age fifty\nimproved benefit retirement program by filing, within two hundred\nseventy days after such starting date, a duly executed application for\nsuch participation with the retirement system, provided he or she is\nsuch an automotive member on the date such application is filed.\n  2. Subject to the provisions of paragraphs five and six of this\nsubdivision, any person who becomes an automotive member after the\nstarting date of the twenty-five year/age fifty improved benefit\nretirement program may elect to become a participant in the twenty-five\nyear/age fifty improved benefit retirement program by filing, within two\nhundred seventy days after becoming such an automotive member, a duly\nexecuted application for such participation with the retirement system,\nprovided he or she is such an automotive member on the date such\napplication is filed.\n  3. Any election to be a participant in the twenty-five year/age fifty\nimproved benefit retirement program shall be irrevocable.\n  4. Where any participant in the twenty-five/age fifty improved benefit\nretirement program shall cease to hold a position as an automotive\nmember, he or she shall cease to be such a participant and during any\nperiod in which such a person does not hold such an automotive position,\nhe or she shall not be a participant in the twenty-five year/age fifty

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