§ 73. Discontinued service after twenty years. a. Persons who last\nbecame members before April eighth, nineteen hundred forty-three.\n 1. A person who last became a member before April eighth, nineteen\nhundred forty-three, and who is discontinued from service while a\nmember, through no fault or delinquency on his part, may elect to\nreceive his accumulated contributions or a retirement allowance pursuant\nto the provisions of paragraph two, three, four or five of this\nsubdivision a, as the case may be, if:\n (a) He shall have completed twenty years of total service, and\n (b) During the six months immediately preceding such discontinuance,\nhe shall have been in paid service continuously, regularly and without\ninterruption.\nThe provisions of subparagraph (b) of this paragraph one shall not apply\nto legislative employees or laborers who have served as such for at\nleast parts of each of the two years immediately preceding such\ndiscontinuance.\n 2. A retirement allowance granted pursuant to the provisions of this\nsubdivision a shall consist of:\n (a) An annuity of equivalent actuarial value to the member's\naccumulated contributions, and\n (b) A pension which is the actuarial equivalent of the\nreserve-for-increased-take-home-pay to which he may be entitled, if any,\nand\n (c) A pension, to begin immediately, which shall consist of:\n (1) A pension which is the actuarial equivalent, at his age at the\ntime of such discontinuance, of a pension beginning at age sixty of\none-seventieth of his final average salary multiplied by the number of\nyears for which he has prior service credit and credit for service in\nwar after world war I, if any, plus\n (2) A pension which is the actuarial equivalent, at his age at the\ntime of such discontinuance, of a pension, beginning at age sixty of\none-one hundred fortieth of his final average salary multiplied by the\nnumber of years for which he has member service credit.\n 3. If, in addition, the member has attained age forty-five, the\nretirement allowance granted pursuant to this subdivision a shall\nconsist of:\n (a) An annuity of equivalent actuarial value to the member's\naccumulated contributions, and\n (b) A pension which is the actuarial equivalent of the\nreserve-for-increased-take-home-pay to which he may be entitled, if any,\nand\n (c) A pension, to begin immediately, which shall consist of:\n (1) A pension which is the actuarial equivalent, at his age at the\ntime of such discontinuance, of a pension beginning at age sixty of\none-seventieth of his final average salary multiplied by the number of\nyears for which he has prior service credit and credit for service in\nwar after world war I, if any, plus fifty per centum of the difference\nbetween such pension and the pension that would be allowable to him for\nsuch service if he were age sixty, plus\n (2) A pension which is the actuarial equivalent, at his age at the\ntime of such discontinuance, of a pension beginning at age sixty of\none-one hundred fortieth of his final average salary multiplied by the\nnumber of years for which he has member service credit, plus fifty per\ncentum of the difference between such pension and the pension that would\nbe allowable to him for such service if he were age sixty.\n 4. If the member is age forty-five, and in addition, has been at any\ntime, continuously employed for twenty years or more, the retirement\nallowance granted pursuant to this subdivision a shall consist of:\n (a) An annuity of equivalent actuarial value to the member's\naccumulated contributions, and\n (b) A pension which is the actuarial equivalent of the\nreserve-for-increased-take-home-pay to which he may be entitled, if any,\nand\n (c) A pension, to begin immediately, which shall consist of:\n (1) A pension which is the actuarial equivalent, at his age at the\ntime of such discontinuance, of a pension beginning at age sixty of\none-seventieth of his final average salary multiplied by the number
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