N.Y. Retirement & Social Security Law § 110: Exemption from taxes and legal process

§ 110. Exemption from taxes and legal process. The right of a person

to a pension, a pension-providing-for-increased-take-home-pay, an

annuity or a retirement allowance, to the return of contributions, the

pension, the pension-providing-for-increased-take-home-pay, annuity, or

retirement allowance itself, any optional benefit, including any benefit

or monies accruing under an optional retirement program pursuant to

article eight-B or one hundred twenty-five-A of the education law, any

other right accrued or accruing to any person under the provisions of

this chapter and the monies in the various funds continued under this

chapter:

1. Are hereby exempt from any state or municipal tax, except the

estate tax, and

2. Shall not be subject to execution, garnishment, attachment, or any

other process whatsoever, and

3. Shall be unassignable, except as in this chapter specifically

provided.