N.Y. Education Law § 524: Exemption from taxation and execution

§ 524. Exemption from taxation and execution. The right of a teacher

to a pension, an annuity, or a retirement allowance, to the return of

contributions, any benefit or right accrued or accruing to any person

under the provisions of this article, and the moneys in the various

funds created hereunder, are hereby exempt from any state or municipal

tax, and shall not be subject to execution, garnishment, attachment or

any other process whatsoever, and shall be unassignable except as in

this article specifically provided.