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New York City · Through Local Law 2026/135 (enacted August 31, 2026)

N.Y.C. Admin. Code § 13-522: § 13-522 Contributions of members and their use; annuity reserve fund.

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Where this section sits in the code
  1. New York City Administrative Code
  2. Title 13
  3. Chapter 4: Teachers' Retirement System

Upon the retirement of a contributor, his or her accumulated deductions shall be transferred from the annuity savings fund to a fund to be known as the annuity reserve fund. His or her annuity shall be paid out of such annuity reserve fund. Should such a beneficiary be restored to active service his or her annuity reserve shall thereupon be transferred from the annuity reserve fund to the annuity savings fund.

Collected 2026-09-06T02:48:57Z. Source file · JSON

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