reglab/housing_qa huggingface dataset:
NY Ret & SS L § 293 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 1 - Legislative Intent; Transitory Provisions 293 - Transfer of Assets and Liabilities.

§ 293. Transfer of assets and liabilities. a. As used in this section,   "assets  of  the  employees' retirement system" means the assets of such   system as  shown  on  page  four  of  the  annual  report  as  of  March   thirty-first,  nineteen  hundred  sixty-seven, prepared for the New York   state department of financial services; "liabilities of  the  employees'   retirement system" means the liabilities of such system as shown on page   five  of  the  annual  report as of March thirty-first, nineteen hundred   sixty-seven, prepared for the New York  state  department  of  financial   services.b.  After  the  annual  valuation of the assets and liabilities of the   funds of the employees' retirement system required by subdivision  d  of   section  eleven  of  this  chapter  and  on  the  basis of the actuarial   information available to him or  her  on  March  thirty-first,  nineteen   hundred sixty-seven, the comptroller shall determine the total amount of   the  assets  and liabilities of the employees' retirement system and the   percentage  of  such  assets  and  the  amount   of   such   liabilities   attributable  to  police officers and firefighters and all other persons   transferred. After such determination, and subject to  the  approval  of   the superintendent of financial services, the comptroller shall transfer   such  percentage  of the total assets and the amount of such liabilities   of the employees' retirement system to the retirement system established   by this article. Each category of such assets, including but not limited   to such categories as government bonds, corporate bonds, common  stocks,   mortgages   insured   under   the  National  Housing  Act,  conventional   mortgages, etc. so transferred, shall constitute as nearly  as  possible   the  percentage  of the total assets of the employees' retirement system   which are attributable to police officers  and  firefighters  and  other   persons  transferred determined from the actuarial valuation as of March   thirty-first, nineteen hundred sixty-seven. The  assets  so  transferred   shall  include a proportionate share of contributions from participating   employers to be received by the employees' retirement system after April   first, nineteen hundred sixty-seven, based on valuations prior  to  that   date.  The  comptroller is hereby authorized and directed to invoice for   and to collect such contributions for the employees'  retirement  system   in  the same manner and to the same extent as if the members transferred   to the system established by this article had continued  as  members  of   the employees' retirement system.
NY Ret & SS L § 294 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 1 - Legislative Intent; Transitory Provisions 294 - Transfer of Retirement Membership, Contributions, Reserves and Other Credits of Police Officers and Firefighters, and Certain Other Persons.

§  294. Transfer of retirement membership, contributions, reserves and   other credits of police officers and  firefighters,  and  certain  other   persons. a. The membership in the employees' retirement system of police   officers  and firefighters on the effective date of this article, and of   all persons who are members of such system on such date and contributing   pursuant to the provisions of sections eighty-one through  eighty-eight,   inclusive,  of  this chapter as in force and effect immediately prior to   the effective  date  of  this  article,  shall  be  transferred  to  the   retirement  system  established  by  this  article on the effective date   thereof.  All  such  persons  transferred  to  the   retirement   system   established pursuant to the provisions of this article shall be entitled   to  all  prior service credits and member service credits and to all the   rights, privileges, immunities, benefits, refunds, increases,  advances,   insurance,  pensions,  annuities,  retirement allowances, death benefits   and options and shall be subject to all obligations,  dues,  duties  and   requirements  to  which  they were entitled or were subject, as the case   may be, pursuant to the provisions  of  article  two  of  this  chapter.   Persons  becoming  members  of the retirement system established by this   article subsequent to March thirty-first, nineteen hundred  sixty-seven,   and  who  are entitled to credit for service rendered as a member of the   employees' retirement system shall be entitled to the  same  credit  for   such service pursuant to this article.b.  Accumulated contributions, reserves and any other credits standing   to the credit of persons enumerated in subdivision  a  of  this  section   shall  be  transferred  to  the credit of such persons in the retirement   system  established  by  this  article.  Members  so  transferred  shall   continue  to contribute at the same rate as applied to them individually   in the employees' retirement  system  and  they  shall  continue  to  be   entitled  to  the  same  rights,  benefits  and  privileges as they were   entitled to as members  of  the  employees'  retirement  system  on  the   effective date of this article.
NY Ret & SS L § 295 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 1 - Legislative Intent; Transitory Provisions 295 - Payment of Retirement Allowances and Transfer of Reserves.

§  295.  Payment of retirement allowances and transfer of reserves. a.   On the effective date of this article, all retired police  officers  and   firefighters,  and  other  persons  who  have  retired  pursuant  to the   provisions of sections eighty-one through  eighty-eight,  inclusive,  of   this  chapter, as in force and effect immediately prior to the effective   date of this article, and their beneficiaries shall be  transferred  and   become  a  charge upon the retirement system established by this article   and shall thereafter  receive  their  retirement  allowances  from  such   system.b. Reserves held by the comptroller for the payment of such retirement   allowances  shall be transferred to the retirement system established by   this article on the effective date thereof.
NY Ret & SS L § 296 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 1 - Legislative Intent; Transitory Provisions 296 - Continuation of Certain Tables and Rates.

§   296.  Continuation  of  certain  tables  and  rates.  All  tables,   schedules, rates (including but  not  limited  to  regular  and  special   deficiency  rates),  regular  and  special deficiency periods, and other   actuarial tables, rates  and  procedures  in  effect  and  used  by  the   employees'  retirement  system  for  or  in  connection  with any of its   activities or operations  with  respect  to  the  membership  of  police   officers  and  firefighters  and  persons who are members of such system   pursuant to sections eighty-one through eighty-eight,  inclusive,  shall   continue  to  be  used  in  the  same  manner  by  the retirement system   established by this article, and shall remain in effect unless and until   duly modified or rescinded by the provisions of this article.
NY Ret & SS L § 297 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 1 - Legislative Intent; Transitory Provisions 297 - Transfer of Records and Documents.

§ 297. Transfer of records and documents. Records and documents of the   employees'   retirement   system   relating   to   police  officers  and   firefighters and other persons who are members of such  system  pursuant   to  sections eighty-one to eighty-eight, inclusive, shall be transferred   to the retirement system established by this article.
NY Ret & SS L § 298 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 1 - Legislative Intent; Transitory Provisions 298 - Temporary Advances.

§  298.  Temporary  advances.    At  any time after this article shall   become law and prior to the date upon which assets and other  funds  are   transferred  from  the  employees'  retirement  system to the retirement   system established by this article, the comptroller is  empowered,  upon   his  warrant,  to  direct  the  head of the division of the treasury, to   transfer from funds kept on deposit to the credit of the New York  state   employees'  retirement  system  an  amount,  not  exceeding five million   dollars, to the credit of the  retirement  system  established  by  this   article.  Such monies shall be deposited as provided in subdivision e of   section three hundred thirteen of this article, and shall  be  used  for   the  purpose  of meeting disbursements for pensions, annuities and other   payments ordered by the comptroller, and for expenses of maintenance and   operation, including personal service. The amount so advanced  shall  be   deducted  from  the  total  amount  to  be transferred by the employees'   retirement system to the retirement system established by this  article,   upon  the final settlement of all accounts by such system as provided in   this article.
NY Ret & SS L § 310 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 3 - Establishment, Management, Supervision and Financing 310 - Retirement System Established; a Corporation.

§  310. Retirement system established; a corporation.  The policemen's   and firemen's retirement system is hereby established. Such system shall   have the powers and privileges of a corporation and shall  be  known  as   the "New York State and local Police and Fire Retirement System." All of   the  business  of such retirement system shall be transacted, all of its   funds invested and payments made, and all of its  cash,  securities  and   other  properties  shall  be  held  in  such name, except as provided in   article nine of this chapter.Reference in this chapter or in any other law to the  New  York  state   policemen's  and firemen's retirement system shall be deemed to mean and   refer to the New York state and local police and fire retirement system.
NY Ret & SS L § 312 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 3 - Establishment, Management, Supervision and Financing 312 - Statement of Services.

§  312.  Statement of services. a. It shall be the duty of the head of   each department or agency  of  the  state  government  employing  police   officers  and/or  firefighters,  and of the chief fiscal officer of each   participating employer, at the request of the comptroller, to submit  to   him  or  her  a statement showing the name, title, compensation, duties,   date of birth and length  of  service  of  each  police  officer  and/or   firefighter:  (exclusive  of  members of a local system), and such other   information as the comptroller may require. If any such  police  officer   or  firefighter  be principally engaged upon duties differing from those   specified by the appropriate civil service commission for the title held   by him or her, such head  of  department  or  agency,  or  chief  fiscal   officer, shall certify the reasons therefor and the probable duration of   the duties being so performed by such police officer or firefighter.b.  Each  police  officer  and firefighter shall be subject to all the   provisions of this article and to all the rules and regulations  adopted   by the comptroller.
NY Ret & SS L § 314 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 3 - Establishment, Management, Supervision and Financing 314 - Legal Adviser.

§  314.  Legal adviser. The attorney general of the state shall be the   legal adviser of the police and fire retirement system.
NY Ret & SS L § 315 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 3 - Establishment, Management, Supervision and Financing 315 - State Supervision.

§  315.  State  supervision.  The  police  and  fire retirement system   established by this article shall be subject to the supervision  of  the   superintendent  of  financial  services.  Such  supervision  shall be in   accordance with the provisions of the insurance law to the  extent  that   such  provisions are applicable to the police and fire retirement system   and are not inconsistent with the provisions of this article.
NY Ret & SS L § 316-A (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 3 - Establishment, Management, Supervision and Financing 316-A - Amortization of Amounts Outstanding.

§  316-a.  Amortization  of  amounts  outstanding.  a.  On  or  before   September first, nineteen hundred eighty-six, on the basis of the annual   actuarial  valuation  and  appraisal  procedure  provided  for  in  this   article,  the  comptroller  shall determine the annual amounts that, had   this section not been enacted, would have been required to be paid  into   the  pension  accumulation  fund and the New York state public employees   group life insurance plan, as appropriate, from the general fund of  the   state for all obligations of the state to the police and fire retirement   system, not discharged prior to such date, for state fiscal years ending   March thirty-first, nineteen hundred eighty-five and March thirty-first,   nineteen hundred eighty-six and amounts for the state's contribution for   the  retirement  incentive program that would, had this section not been   enacted, be due to be paid into the  pension  accumulation  fund  during   fiscal  years  ending  March thirty-first, nineteen hundred eighty-seven   and March thirty-first,  nineteen  hundred  eighty-eight.  Such  amounts   shall  include  interest, as defined in section three hundred sixteen of   this  article  through  the  last  day  of  February,  nineteen  hundred   eighty-seven.  The sum of such amounts shall be called the "amount to be   amortized".b. The  amount  to  be  amortized  shall  be  paid  into  the  pension   accumulation  fund  and  the  New York state public employees group life   insurance plan, as appropriate, according to a schedule of equal  annual   installments  during any years remaining in the amortization period. The   "amortization period" shall be seventeen years. The first payment  shall   be made March first, nineteen hundred eighty-seven.c.  The  amount  of  the  annual  payment to be made in any subsequent   fiscal year shall be the amount that would be required to pay  in  full,   in  equal  annual  installments  over  the remainder of the amortization   period, any unpaid balance of the amount to be amortized and interest on   such unpaid balance computed at eight percent per annum.d. On or before October fifteenth of nineteen hundred  eighty-six  and   each  succeeding  year  during  the amortization period, the comptroller   shall file with the director of the budget an estimate of the amount  of   the  annual  payment required to be made pursuant to this section in the   state fiscal year beginning the first day of April next succeeding  such   October fifteenth.e.  An  item  of  appropriation sufficient to provide for such payment   shall be included in the next annual budget  bill  for  the  support  of   government  presented  to  the  legislature  for passage. The amounts so   appropriated shall be paid from the  general  fund  of  the  state  upon   warrant  of  the  comptroller  on  March first of each state fiscal year   during the amortization period.
NY Ret & SS L § 316-B (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 3 - Establishment, Management, Supervision and Financing 316-B - Notice of Change.

§  316-b.  Notice  of  change.   (1) The comptroller, on or before the fifteenth day of October of each year, shall submit to the  director  of the  division  of  the  budget  and  the  chairmen of the senate finance committee and the assembly ways and means committee  written  notice  of any  proposed material change in the annual actuarial valuation provided for in this article or any  other  material  change,  other  than  those provided  by  legislation  or  resolution,  affecting the state's or any other participating employer's estimated or actual  obligations  to  the pension  accumulation fund and the New York state public employees group life insurance plan for the succeeding fiscal year.  (2) Notwithstanding any provision of law to the contrary,  for  fiscal years  commencing  April  first,  nineteen  hundred  eighty-eight, April first, nineteen hundred eighty-nine and April  first,  nineteen  hundred ninety  the actuarial value of assets shall be calculated using the five year smoothing method that was used for the fiscal year commencing April first, nineteen hundred eighty-seven which method has been determined to be actuarially sound.
NY Ret & SS L § 318 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 3 - Establishment, Management, Supervision and Financing 318 - Guaranty.

§  318.  Guaranty.  a.  The  latest employers of the different members   shall be obligated for:1. Regular interest charges payable, and special interest, if any, and2.  The  creation  and  maintenance  of  reserves   in   the   pension   accumulation fund, and3. The maintenance of annuity reserves and pensions reserves, and4.  The  payment  of  all  pensions, annuities, retirement allowances,   refunds and any other benefits, and5. The expenses of the police and fire retirement system,   as provided for or granted under the provisions of this article. In  the   case  of  employer  contributions  required to be made for prior service   allowed pursuant to paragraph three of subdivision b  of  section  three   hundred  forty-one  of  this  article,  the provisions of such paragraph   three shall govern.b. Except as otherwise provided pursuant to this article, all  income,   interest  and dividends derived from deposits and investments authorized   by this article shall be used for the payment of such obligations.
NY Ret & SS L § 319 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 3 - Establishment, Management, Supervision and Financing 319 - Filing of Documents With the Retirement System.

§  319.  Filing  of  documents  with the retirement system. Whenever a   statute requires that a document be filed with the state comptroller, as   administrative head of the New York state  and  local  police  and  fire   retirement  system, within a prescribed period of time or by a specified   date, and such document has  been  mailed  to  the  comptroller  or  the   retirement system by United States Postal Service certified mail, return   receipt  requested,  the  document  shall be deemed filed on the date of   mailing. Notwithstanding this provision, no  document  shall  be  deemed   filed  on  the  date  of  mailing  unless it is actually received by the   retirement system as a result of such mailing.
NY Ret & SS L § 320 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 4 - Funds of the System; Members' Contributions and Employers' Contributions 320 - The Funds of the Police and Fire Retirement System.

§  320.  The funds of the police and fire retirement system. The funds hereby created are as follows:  (a) the police and fire annuity savings fund, hereinafter referred  to as the annuity savings fund;  (b)  the police and fire annuity reserve fund, hereinafter referred to as the annuity reserve fund;  (c)  the  fire  and  police  pension  accumulation  fund,  hereinafter referred to as the pension accumulation fund;  (d)  the police and fire pension reserve fund, hereinafter referred to as the pension reserve fund.
NY Ret & SS L § 322 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 4 - Funds of the System; Members' Contributions and Employers' Contributions 322 - Members' Contributions and Their Use; Annuity Reserve Fund.

§ 322. Members' contributions and their use; annuity reserve fund.  a.   The  annuity reserve fund shall be the fund from which shall be paid all   annuities and all benefits in lieu of  annuities,  payable  pursuant  to   this article.b.  Upon  retirement,  a  member's  accumulated contributions shall be   transferred from the annuity savings fund to the annuity  reserve  fund.   They shall then be used to provide an annuity, the amount of which shall   be  the  actuarial  equivalent  of such accumulated contributions on the   basis of regular interest and the  tables  adopted  by  the  comptroller   pursuant to this article.c.  The  comptroller from time to time shall transfer from the pension   accumulation fund to the annuity  reserve  fund,  such  amounts  as  are   necessary under this article.d.  If  a  member, retired for any reason, returns to active police or   fire service  and  again  becomes  a  member  of  the  police  and  fire   retirement  system, his or her annuity reserve shall be transferred from   the annuity reserve fund to the annuity savings fund.
NY Ret & SS L § 324 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 8 - New York State and Local Police and Fire Retirement System Title 4 - Funds of the System; Members' Contributions and Employers' Contributions 324 - Employers' Contributions and Their Use; Pension Reserve Fund.

§  324.  Employers' contributions and their use; pension reserve fund.   a.  The pension reserve fund shall be the fund from which shall be  paid   all  pensions  and  all  other benefits, except ordinary death benefits,   payable wholly out of contributions made  to  the  pension  accumulation   fund pursuant to this article.b.  When  a pension or a pension-providing-for-increased-take-home-pay   becomes payable to or on account  of  any  member,  the  amount  of  the   reserve  computed  by the actuary to be necessary to provide the pension   and the pension-providing-for-increased-take-home-pay, if  any,  payable   out  of  the  pension  reserve  fund shall be transferred to the pension   reserve fund from the pension accumulation fund.c. The comptroller shall transfer from the pension  accumulation  fund   to  the  pension  reserve  fund,  from time to time, such amounts as are   necessary under this article.d. The amount of regular interest to be credited to the monies held in   the pension reserve fund shall be determined after  the  close  of  each   fiscal year. Such amount thereupon shall be transferred from the pension   accumulation fund to the pension reserve fund.e.  If  a  member, retired for any reason, returns to active police or   fire service  and  again  becomes  a  member  of  the  police  and  fire   retirement  system, his or her pension reserve shall be transferred from   the pension reserve fund to the pension accumulation fund.f. If the pension of a beneficiary is  reduced  for  any  reason,  the   amount  of  such reduction shall be transferred from the pension reserve   fund to the pension accumulation  fund  during  that  period  that  such   reduction is in effect.