N.Y.C. Admin. Code § 13-654: § 13-654 Payment of supplemental retirement allowances.

On or before the last day of each month, there shall be paid to each city retired employee, police or fire retired employee, police or fire surviving spouse or dependent, police or fire line-of-duty surviving spouse or dependent and street cleaning surviving spouse or dependent, from the supplemental pension fund, the monthly supplemental retirement allowance payment to which he or she may be entitled under the provisions of this article provided, however, that any supplemental retirement allowance of less than fifty cents monthly shall be paid in a lump sum at the end of the fiscal year.