N.Y. Retirement & Social Security Law § 168: Reimbursement for payments to state retired teachers

§ 168. Reimbursement for payments to state retired teachers. As soon

as practicable after the close of each fiscal year of the state, the

comptroller shall certify to the commissioner of education a statement

of the total amount paid out by him during such fiscal year to state

retired teachers pursuant to this article. Such amount shall be

apportioned on the same basis and collected in the same manner as is

provided for the collection of employers' contributions to the New York

state teachers' retirement system by subdivision two of section five

hundred twenty-one of the education law. Amounts so collected shall be

deposited in and credited to the supplemental pension fund.