NY Gen Mun L § 207-E (2021)
2021 New York Laws GMU - General Municipal Article 10 - Firefighters and Police Officers 207-E - Minimum Retirement Benefits for Police Officers in Cities and Who Are Members of Police Pension or Retirement Systems Maintained by Such Cities.

* §  207-e.  Minimum retirement benefits for police officers in cities   and who are members of police pension or retirement  systems  maintained   by  such  cities.  1.  Notwithstanding  the  provisions  of any general,   special or local law, charter or administrative code  to  the  contrary,   and in lieu of any lesser amount otherwise prescribed, any person who is   an  officer or member of the uniformed force of the police department of   a city, and is a  member  of  a  police  pension  or  retirement  system   maintained  by  such  city, and who has completed service as a member of   such city-maintained police pension or retirement system for the minimum   number of years specified in such plan or option selected by  him  as  a   necessary  prerequisite for a pension or retirement allowance on account   of retirement for service shall, upon retirement for service, receive  a   pension or retirement allowance on account of such minimum service which   shall,  subject  to the provisions of this section, be equal to one-half   of his annual compensation earnable upon the date of his retirement, or,   in the event that such member shall have  served  as  a  member  of  the   detective  division,  or on special assignment, for a period of at least   five years during such service,  provided,  however,  that  such  member   shall  have  continued  his  pension  contributions  on the basis of his   highest annual compensation, one-half the  maximum  annual  compensation   earned  by  him while an officer or member of the uniformed force of the   police department of such city, whichever is greater.2. Where a city-maintained  pension  plan  or  retirement  system  for   officers  or  members  of  the uniformed force of the police department,   housing police force or transit police force of such city provides, upon   retirement for service, for  a  retirement  allowance  consisting  of  a   pension  plus  an  annuity  which  is  the  actuarial  equivalent of the   member's accumulated contributions at the time of his  retirement,  then   in  that  event  there  shall be added by the city, whenever required, a   further pension of such amount which together with the member's  annuity   shall  be sufficient to provide him with a retirement allowance equal to   one-half of  his  annual  compensation  earnable  on  the  date  of  his   retirement,  or,  in  the  event that such member shall have served as a   member of the detective division, or on special assignment, for a period   of a least five years during such service, provided, however, that  such   member  shall  have  continued his pension contributions on the basis of   his  highest  annual   compensation,   one-half   the   maximum   annual   compensation  earned  by him while an officer or member of the uniformed   force of the police department, housing police force or  transit  police   force  of  such  city,  whichever  is  greater.  For the purpose only of   determining the amount of the additional  pension  contribution  by  the   city  that  may  be  required,  the  member's  annuity, if any, shall be   computed as it would be, (a) if it were not  reduced  by  the  actuarial   equivalent  of any outstanding loan, (b) if it were not increased by the   actuarial equivalent of any additional contributions, (c) if it were not   reduced by reason of the  member's  election  to  decrease  his  annuity   contributions  in order to apply the amount of such reduction in payment   of his contributions for old-age and survivors insurance  coverage,  (d)   as it would be without any optional modification.3.  Where  a  city-maintained  pension  plan  or retirement system for   officers or members of the uniformed force of the police  department  of   such  city provides for disability retirement, such retirement allowance   shall be computed on the basis of the annual  compensation  earnable  on   the date of the retirement for disability of any member.4.   Where  additional  retirement  benefits  are  payable  under  the   city-maintained pension plan or retirement system, or are required to be   paid pursuant to section two  hundred  seven-d  of  this  chapter,  such   additional  benefits  shall  be  paid, for service in addition to and in    excess of the minimum service requirements, in addition to  the  minimum   retirement benefits required to be paid by this section.5.  The  provisions  of this section shall not apply to members of the   New York state and local police and fire retirement system.* NB There are 2 § 207-e's