N.Y. Military Law § 243-b*2: Payment of certain pension contributions by the city of New York

* § 243-b. Payment of certain pension contributions by the city of New

York. As used in this section, the term New York city veteran of the

Persian Gulf emergency means a member of the New York city employees'

retirement system, the teachers' retirement system of the city of New

York, the New York city police pension fund, the New York city fire

department pension fund, or the board of education retirement system of

the city of New York, who is a member of a reserve component of the

armed forces of the United States ordered to active duty on or after

August first, nineteen hundred ninety and prior to January first,

nineteen hundred ninety-three, in response to the nation's military

mission in the Persian Gulf, who is not receiving full salary from a

participating employer, and who is otherwise eligible to receive

retirement service credit in any of such systems or funds for active

duty pursuant to section two hundred forty-two or two hundred

forty-three of this article, or pursuant to the federal Veterans'

Reemployment Rights Act.

Notwithstanding any other provision of law, all benefits payable by a

retirement system or pension fund to a New York city veteran of the

Persian Gulf emergency due to the retirement or death of such member

shall be calculated as though such member had actually paid the amount

of all contributions, together with applicable interest thereon, which

such member would have been required to make if, during the period of

active duty, because of such Persian Gulf emergency, such member had

been present and continuously performed the duties of the position held

at the time of his or her entry into active duty.

Each such member shall be credited with such contributions made on his

or her behalf. The applicable interest thereon shall be calculated as to

each such member under the applicable provisions of law governing the

crediting of interest to employee contributions for each such member.

Notwithstanding any other provision of law, any additional liability

attributable to this section shall be paid into the retirement system or

pension fund by participating employers at such times and in such

amounts as determined by the actuary in a manner consistent with

appropriate actuarial methodology.

* NB There are 2 § 243-b's