N.Y. Retirement & Social Security Law § 375-a: Non-contributory retirement plan for state employees

§ 375-a. Non-contributory retirement plan for state employees. a.

Notwithstanding any other provision of law to the contrary, no further

contributions to the retirement system, as provided in subdivision b of

section three hundred twenty-one of this chapter, shall be required of

any member in the employ of the state; provided, however, in the case of

persons in the employ of the state who last became members on or after

July first, nineteen hundred seventy-three, such required contributions

shall be waived only until the payroll period immediately prior to that

the first day of which is nearest to July first, nineteen hundred

seventy-four.

b. Contributions shall be made to the pension accumulation fund by or

on account of the state, as provided in section three hundred sixteen,

three hundred seventeen and three hundred forty-two of this chapter, at

a rate fixed by the actuary which shall be computed to be sufficient to

provide the benefits established by section three hundred seventy-five-c

of this chapter on account of members in the employ of the state.

c. Nothing contained in this section shall impair the rights of

persons, who became members before August nineteenth, nineteen hundred

sixty-six, to make contributions pursuant to subdivision i of section

three hundred twenty-one of this chapter.

d. Any member who has elected to contribute at a certain rate of

contribution in accordance with the provisions of subdivision j of

section three hundred twenty-one of this chapter, shall continue to

contribute at such rate until his election under said subdivision is

withdrawn.

e. Any member in service on August nineteenth, nineteen hundred

sixty-six, may by written notice duly acknowledged and filed with the

comptroller on or before August eighteenth, nineteen hundred

sixty-seven, elect to contribute to the retirement system. Where a

member makes an election to contribute, as herein provided for, he shall

contribute to the retirement system as otherwise provided in this

chapter. One year or more after the filing of the notice of election to

contribute, the member may withdraw such election and elect not to

contribute.