N.Y. Retirement & Social Security Law § 384-e: Additional pension benefit for members of optional twenty year retirement plan

§ 384-e. Additional pension benefit for members of optional twenty

year retirement plan. a. A participating employer which has elected, or

which elects, pursuant to section three hundred thirty or three hundred

thirty-one of this article, to provide the benefits of the optional

twenty year retirement plan for its employees as specified in section

three hundred eighty-four-d of this article may elect, pursuant to

section three hundred thirty-three of this article, to make

contributions for the purpose of providing an additional pension

pursuant to this section for members in its employ who are entitled to a

pension pursuant to section three hundred eighty-four-d of this article.

b. Upon retirement, each such member shall receive, for each year of

service in excess of twenty, an additional pension which shall be equal

to one-sixtieth of his or her final average salary; a participating

employer may elect to provide any service credit earned with a public

employer prior to service performed as a police officer or firefighter;

provided, however, that the total allowance payable pursuant to this

section shall not exceed three-quarters of such member's final average

salary.

c. A demand in collective negotiations for the additional pension

benefit provided by this section shall not be subject to the provisions

of paragraph (b) or (c) of subdivision four of section two hundred nine

of the civil service law.