N.Y. Education Law § 6255: City not liable for payment of benefits

§ 6255. City not liable for payment of benefits. Neither the city nor

the board shall be a party to any contract purchased in whole or in part

with contributions made under the optional retirement program

established and administered pursuant to this article. No retirement,

death, or other benefits shall be payable by the city or by the board

under such optional retirement program. Such benefits shall be paid to

electing employees or their beneficiaries by the designated insurer or

insurers in accordance with the terms of their contracts.