N.Y. General Municipal Law § 207-e: Minimum retirement benefits for police officers in cities and who are members of police pension or retirement systems maintained by such ...

* § 207-e. Minimum retirement benefits for police officers in cities

and who are members of police pension or retirement systems maintained

by such cities. 1. Notwithstanding the provisions of any general,

special or local law, charter or administrative code to the contrary,

and in lieu of any lesser amount otherwise prescribed, any person who is

an officer or member of the uniformed force of the police department of

a city, and is a member of a police pension or retirement system

maintained by such city, and who has completed service as a member of

such city-maintained police pension or retirement system for the minimum

number of years specified in such plan or option selected by him as a

necessary prerequisite for a pension or retirement allowance on account

of retirement for service shall, upon retirement for service, receive a

pension or retirement allowance on account of such minimum service which

shall, subject to the provisions of this section, be equal to one-half

of his annual compensation earnable upon the date of his retirement, or,

in the event that such member shall have served as a member of the

detective division, or on special assignment, for a period of at least

five years during such service, provided, however, that such member

shall have continued his pension contributions on the basis of his

highest annual compensation, one-half the maximum annual compensation

earned by him while an officer or member of the uniformed force of the

police department of such city, whichever is greater.

2. Where a city-maintained pension plan or retirement system for

officers or members of the uniformed force of the police department,

housing police force or transit police force of such city provides, upon

retirement for service, for a retirement allowance consisting of a

pension plus an annuity which is the actuarial equivalent of the

member's accumulated contributions at the time of his retirement, then

in that event there shall be added by the city, whenever required, a

further pension of such amount which together with the member's annuity

shall be sufficient to provide him with a retirement allowance equal to

one-half of his annual compensation earnable on the date of his

retirement, or, in the event that such member shall have served as a

member of the detective division, or on special assignment, for a period

of a least five years during such service, provided, however, that such

member shall have continued his pension contributions on the basis of

his highest annual compensation, one-half the maximum annual

compensation earned by him while an officer or member of the uniformed

force of the police department, housing police force or transit police

force of such city, whichever is greater. For the purpose only of

determining the amount of the additional pension contribution by the

city that may be required, the member's annuity, if any, shall be

computed as it would be, (a) if it were not reduced by the actuarial

equivalent of any outstanding loan, (b) if it were not increased by the

actuarial equivalent of any additional contributions, (c) if it were not

reduced by reason of the member's election to decrease his annuity

contributions in order to apply the amount of such reduction in payment

of his contributions for old-age and survivors insurance coverage, (d)

as it would be without any optional modification.

3. Where a city-maintained pension plan or retirement system for

officers or members of the uniformed force of the police department of

such city provides for disability retirement, such retirement allowance

shall be computed on the basis of the annual compensation earnable on

the date of the retirement for disability of any member.

4. Where additional retirement benefits are payable under the

city-maintained pension plan or retirement system, or are required to be

paid pursuant to section two hundred seven-d of this chapter, such

additional benefits shall be paid, for service in addition to and in

excess of the minimum service requirements, in addition to the minimum

retirement benefits required to be paid by this section.

5. The provisions of this section shall not apply to members of the

New York state and local police and fire retirement system.

* NB There are 2 § 207-e's