reglab/housing_qa huggingface dataset:
NY Ret & SS L § 424 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 9 - Common Retirement Fund 424 - Distribution of Earnings.

§  424.  Distribution of earnings.   At the close of each fiscal year,   the average rate of investment earnings of the  common  retirement  fund   shall  be computed by the actuary and certified to the comptroller. This   rate shall  be  determined  from  the  investment  earnings  during  the   calendar year, which ended three months prior to the close of the fiscal   year. The amount of such earnings attributable to each retirement system   shall  be  computed by the actuary and certified to the comptroller, who   shall thereupon credit each retirement system in accordance therewith.
NY Ret & SS L § 424-A (2021)
2021 New York Laws RSS - Retirement and Social Security Article 9 - Common Retirement Fund 424-A - Use of Placement Agents or Intermediaries Prohibited.

§  424-a. Use of placement agents or intermediaries prohibited. 1. The fund shall not engage, hire, invest with  or  commit  to  an  investment manager  that is using the services of a placement agent or intermediary to assist such investment manager in obtaining investments by  the  fund nor  shall the fund engage, hire, invest with or commit to an investment manager without obtaining from such investment manager  a  certification in  the  form  and  manner  prescribed  by  the  fund  stating that such investment manager has not used the services of  a  placement  agent  or other  intermediary  to  assist  such  investment  manager  in obtaining investments by the fund.   2. For the purposes of this section:  (a) "investment manager" shall mean any person, other than an employee of the comptroller, or entity engaged by the common retirement  fund  to manage  a  part  or all of an investment portfolio of the fund. "Manage" shall include,  but  is  not  limited  to,  the  analysis  of  portfolio holdings,  and  the  purchase, sale, and lending thereof. Any investment made by the fund pursuant to subdivision seven of  section  one  hundred seventy-seven  of  this  chapter shall be deemed to be the investment of the fund in such investment entity rather than in  the  assets  of  such investment entity.  (b) "placement agent or intermediary" shall mean any person or entity, including  registered  lobbyists,  directly  or  indirectly  engaged and compensated by an investment manager, other  than  an  employee  of  the investment  manager,  to  assist  the  investment  manager  in obtaining investments by the fund whether compensated on a flat fee, a  contingent fee,  or  any  other  basis.  Employees of an investment manager and its affiliates are excluded from this definition unless  they  are  employed principally  for  the purpose of securing or influencing the decision to secure a particular investment transaction or investment by the fund.
NY Ret & SS L § 425 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 9 - Common Retirement Fund 425 - Separability of Retirement Systems.

§  425.  Separability  of  retirement  systems.  No  provision of this   article shall be construed as an impairment of the separability of or of   the corporate powers and privileges of the employees' retirement  system   or  the  police  and  fire  retirement  system.  The  comptroller  shall   establish or continue separate funds and accounts  for  each  retirement   system,  consistent with the common retirement fund herein provided for,   as may be required to carry out the separate purposes and privileges  of   each retirement system.
NY Ret & SS L § 430 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 10 - Payment for Benefit Improvements 430 - Current Payment for Benefit Improvements.

§  430.  Current  payment for benefit improvements.  a. Whenever a new   benefit or an improvement in any benefit  takes  effect  or  is  enacted   after  July  first, nineteen hundred seventy-one which will result in an   increase in cost for  contributions  to  an  actuarially  funded  public   retirement  system by the state or a municipality thereof, such employer   shall commence payment for such increased  cost  from  an  appropriation   made  in the budget for the employer's fiscal year in which such benefit   or improvement becomes effective. No such benefit or  improvement  shall   become effective until such appropriation has been made and is available   for  such  payment.  Within  ninety  days after notification that such a   benefit or improvement has been or is  to  be  made,  the  head  of  the   retirement  system  affected  shall  submit to the fiscal officer of the   employer, or in the case of the state or the city of  New  York  to  the   director  of the budget thereof, an estimate of the amount sufficient to   provide for the initial actuarial payment to the  retirement  system  of   all  additional  obligations  created by such benefit or improvement and   such employer shall make payment of such amount to the retirement system   during such employer's fiscal year in which such benefit or  improvement   is  made  effective. In computing the amount to be paid by such employer   during the normal valuation process for obligations attributable to  the   fiscal  year  in  which  such  benefit  or improvement became effective,   appropriate adjustments shall be made for amount already  paid  pursuant   to this section.b.  If payment of the full amount of an obligation required to be paid   by subdivision a of this section is not made by a participating employer   in a state retirement system, including the state  teachers'  retirement   system,  by  the  close  of such employer's fiscal year, interest at the   rate of six per centum per annum  shall  commence  to  run  against  the   unpaid  balance  thereof  on the first day of the next succeeding fiscal   year.c. The comptroller or the retirement  board  of  the  state  teachers'   retirement  system  shall have full power and authority to bring suit in   the supreme court against any participating  employer  in  a  retirement   system  headed  by  such  comptroller  or such board to recover any sum,   payment of which is not made as herein required.   While  any  such  sum   shall  remain  due  and  unpaid  the comptroller may refuse to audit any   claim for funds due to such employer from the state.
NY Ret & SS L § 431 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 10 - Payment for Benefit Improvements 431 - Salary Base for Computing Retirement Benefits.

§  431.  Salary  base  for  computing  retirement  benefits.    In any   retirement or pension plan to which the state  or  municipality  thereof   contributes,  the salary base for the computation of retirement benefits   shall in no event include any of the following earned or received, on or   after April first, nineteen hundred seventy-two:1.  lump  sum  payments  for  deferred   compensation,   sick   leave,   accumulated vacation or other credits for time not worked,2. any form of termination pay,3. any additional compensation paid in anticipation of retirement, or4.  that  portion  of  compensation  earned  during  any twelve months   included in such salary base period which exceeds that of the  preceding   twelve months by more than twenty per centum.
NY Ret & SS L § 432 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 10 - Payment for Benefit Improvements 432 - Definitions.

§  432.  Definitions.   The definitions in section two of this chapter   shall be applicable to this article.
NY Ret & SS L § 441 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 11 - Limitations Applicable to New Entrants 441 - Eligibility for Retirement.

§ 441. Eligibility for retirement. a. No member of a retirement system   who  is  subject  to the provisions of this article shall be eligible to   retire until he has rendered a minimum of five years of credited service   after July first, nineteen  hundred  seventy-three;  provided,  however,   that  this  limitation shall not apply to the case of a member otherwise   eligible to retire for disability. A member who  attains  the  mandatory   retirement  age  of  the plan of which he is a member without having the   requisite period of service required as a condition of  eligibility  for   retirement,  shall  be  separated  from  service upon attainment of such   mandatory retirement age; provided, however, that this requirement shall   not preclude a member  from  being  continued  in  service  beyond  such   mandatory  retirement  age  pursuant  to other appropriate provisions of   law.b. Notwithstanding the provisions of subdivision a of this section,  a   retired member, receiving a retirement allowance for other than physical   disability:  (i)  who  returns  to  active  public  service and joins or   rejoins a public retirement system on  or  after  July  first,  nineteen   hundred  seventy-three;  and  (ii) who thereafter separates from service   prior to the completion of two years of credited  service,  shall,  upon   such  separation,  be  entitled  to receive a retirement allowance which   shall consist of an annuity which is the  actuarial  equivalent  of  his   accumulated     contributions,     and     the     pension,    including   pension-providing-for-increased-take-home-pay, which  he  was  receiving   prior to his last restoration to membership.c.  Notwithstanding the provisions of subdivision a of this section, a   member of a retirement system who is subject to the provisions  of  this   article shall be eligible to retire without having rendered a minimum of   five  years  of  credited  service  after  July  first, nineteen hundred   seventy-three, if such member has rendered a minimum of  five  years  of   continuous  service,  in  the  employ of the participating employer from   which he retires, immediately prior to retirement. For  the  purpose  of   this  subdivision,  the  term  "service"  shall  mean  credited  service   rendered after July first, nineteen  hundred  seventy-three,  and  prior   service rendered immediately before entry into a retirement system.d.  Notwithstanding the provisions of subdivision a of this section, a   member of a retirement system who is subject to the provisions  of  this   article shall be eligible to retire without having rendered a minimum of   five  years  of  credited  service  after  July  first, nineteen hundred   seventy-three if such member has rendered a minimum of  three  years  of   continuous  service after July first, nineteen hundred seventy-three and   had rendered at least twenty years of credited service prior to  January   first, nineteen hundred fifty-five.
NY Ret & SS L § 447 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 11 - Limitations Applicable to New Entrants 447 - Options.

§  447.  Options. a. A member of a retirement system who is subject to the provisions of this article shall at the time of retirement have  two additional  options  available  to  him  which  shall  be  the actuarial equivalent of his retirement allowance without optional modification:  (1) A "five-year certain option" under which payment is  made  to  the pensioner  for  life  but  is  guaranteed  for  a  minimum of five years following retirement; and  (2) A "ten-year certain option" under which payment  is  made  to  the pensioner  for  life  but  is  guaranteed  for  a  minimum  of ten years following retirement.   b. No retirement system shall make available to any member subject  to the provisions of this article an option which provides for payment to a beneficiary  or  to an estate of the balance of the present value of the reserve attributable to employer contributions established at  the  time of retirement upon the death of the member in retirement.   c.  Notwithstanding  any  other  provision  of this article, an option selection previously filed by a member or retired member subject to  the provisions  of  this  section  may  be changed no later than thirty days following the date of payability of his or her retirement  allowance.  A retired  member who has been retired for disability may change an option selection previously filed no later than (1) thirty days  following  the date  on  which  such member's application for disability retirement was approved by the retirement board or (2) thirty days following  the  date on which such retiree was retired for disability, whichever is later.
NY Ret & SS L § 448-A (2021)
2021 New York Laws RSS - Retirement and Social Security Article 11 - Limitations Applicable to New Entrants 448-A - Death Benefit for Vested Members Who Die Prior to Retirement.

§ 448-a. Death benefit for vested members who die prior to retirement.   a. A death benefit plus the reserve-for-increased-take-home-pay, if any,   shall be payable upon the death of a member of a retirement system who:1. Died before the effective date of retirement while a member of such   retirement system;2.  Had  at  least ten years of credited service at the time of death;   and3. Died at a time and  in  a  manner  which  did  not  result  in  the   eligibility  of  the  member's  estate or any beneficiary to receive any   death benefits from such retirement system on account of such death.b. Benefits provided under  this  section  shall  be  payable  to  the   member's  estate  or  the  beneficiary or beneficiaries nominated by the   member  on  a  designation  of   beneficiary   form   filed   with   the   administrative head of such retirement system.c. The amount of the benefit payable pursuant to this section shall be   equal  to  one-half  of  the  amount of the ordinary death benefit which   would have been payable had the member's death occurred on the last  day   of service upon which membership was based.
NY Ret & SS L § 450 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 11 - Limitations Applicable to New Entrants 450 - Definitions.

§  450.  Definitions.  For  the purposes of this article: (1) the term   "correction officer" shall mean members of the New York state and  local   employees'  retirement  system  who  are  in a plan limited to uniformed   personnel in institutions under the jurisdiction of  the  department  of   corrections  and community supervision or members of such system who are   also in titles defined in subdivision i of section eighty-nine  of  this   chapter   and  correction  members  of  the  New  York  city  employees'   retirement system; (2) the term "police officer  or  firefighter"  shall   mean  members of the New York state and local police and fire retirement   system, the New York city  police  pension  fund,  New  York  city  fire   department  pension  fund, and housing police members and transit police   members of the New York city employees' retirement system; (3) the  term   "sanitation  man"  shall  mean  sanitation  members of the New York city   employees' retirement system; and (4)  the  term  "investigator  member"   shall  mean  members who are police officers as defined in paragraph (g)   of subdivision thirty-four of section 1.20  of  the  criminal  procedure   law.
NY Ret & SS L § 451 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 11 - Limitations Applicable to New Entrants 451 - Duration.

§  451. Duration.  Notwithstanding any other provision of this chapter   or of any other law, effective July first, nineteen hundred seventy-six,   all benefits provided by an actuarially funded public retirement  system   of the state of New York or any municipality thereof shall continue with   respect  to  members  to which article fourteen is applicable only until   December thirty-first, nineteen hundred seventy-six.
NY Ret & SS L § 470 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 12 - Negotiation of Retirement Benefits 470 - Temporary Suspension of Retirement Negotiations.

§  470.  Temporary  suspension  of  retirement  negotiations.  Changes   negotiated between any public employer  and  public  employee,  as  such   terms  are  defined in section two hundred one of the civil service law,   with respect to any benefit provided by or to be provided  by  a  public   retirement system, or payments to a fund or insurer to provide an income   for  retirees  or  payment  to retirees or their beneficiaries, shall be   prohibited.
NY Ret & SS L § 472 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 12 - Negotiation of Retirement Benefits 472 - Implementation of Agreements.

§  472. Implementation of agreements.  Any agreements reached pursuant   to the coalition negotiations provided for  in  this  article  shall  be   presented  to  the commission in form for introduction as legislation no   later than November fifteenth prior to the legislative session at  which   enactment  will  be  sought  and  shall be delivered for introduction no   later than January fifteenth of such session. The commission shall cause   such proposed legislation to be made public prior to the December  first   preceding  such  session  and  shall  hold  public hearings thereon. The   commission  shall  present  to  the   governor   and   legislature   its   recommendations with the legislation.
NY Ret & SS L § 504-C (2021)
2021 New York Laws RSS - Retirement and Social Security Article 14 - Coordinated-Escalator Retirement Plan 504-C - Supplemental Retirement Allowance.

§  504-c.  Supplemental  retirement  allowance.  Individuals  who  are   receiving  benefits  from  the  New  York  state  and  local  employees'   retirement  system pursuant to this article and who will not be eligible   for escalation pursuant to section five  hundred  ten  of  this  article   shall  be  entitled  to  supplemental  retirement  benefits  provided in   section  seventy-eight  of  this  chapter  if  they  meet  all  of   the   eligibility  requirements  provided  in  section  seventy-eight  of this   chapter.
NY Ret & SS L § 505 (2021)
2021 New York Laws RSS - Retirement and Social Security Article 14 - Coordinated-Escalator Retirement Plan 505 - Service Retirement Benefits; Police/fire Members, New York City Uniformed Correction/sanitation Revised Plan Members and Investigator Revised Plan Members.

§ 505. Service retirement benefits; police/fire members, New York city   uniformed  correction/sanitation  revised  plan members and investigator   revised plan members. a.  The  normal  service  retirement  benefit  for   police/fire  members,  New  York  city  uniformed  correction/sanitation   revised plan members and investigator revised  plan  members  at  normal   retirement  age  shall  be  a  pension  equal  to fifty percent of final   average salary, less  fifty  percent  of  the  primary  social  security   retirement  benefit  commencing at age sixty-two, as provided in section   five hundred eleven of this article.b. The early service retirement benefit for police/fire  members,  New   York  city  uniformed  correction/sanitation  revised  plan  members and   investigator revised plan members shall be a pension equal  to  two  and   one-tenths  percent  of  final  average  salary  times years of credited   service at the completion of twenty years of service or upon  attainment   of age sixty-two, increased by one-third of one percent of final average   salary  for  each month of service in excess of twenty years, but not in   excess of fifty percent of final average salary, less fifty  percent  of   the  primary  social  security  retirement  benefit  commencing  at  age   sixty-two as provided in section five hundred eleven  of  this  article,   provided,  however, that New York city police/fire revised plan members,   New York city uniformed correction/sanitation revised plan  members  and   investigator  revised  plan  members shall not be eligible to retire for   service prior to the attainment of twenty years of credited service.c.   A   police/fire   member,   a    New    York    city    uniformed   correction/sanitation  revised  plan  member  or an investigator revised   plan member who retires with twenty-two years  of  credited  service  or   less may become eligible for annual escalation of the service retirement   benefit  if he elects to have the payment of his benefit commence on the   date he would have completed twenty-two years and one month or  more  of   service.  In  such event, the service retirement benefit shall equal two   percent of final average salary for each year of credited service,  less   fifty   percent  of  the  primary  social  security  retirement  benefit   commencing at age sixty-two as provided in section five  hundred  eleven   of this article.
NY Ret & SS L § 507-D (2021)
2021 New York Laws RSS - Retirement and Social Security Article 14 - Coordinated-Escalator Retirement Plan 507-D - Disability Benefits.

§  507-d. Disability benefits. A county may elect to make the benefits   provided herein available to the sheriff, undersheriff, deputy  sheriffs   who  are  engaged  directly  in criminal law enforcement activities, and   correction officers who are in the employ of the county. Notwithstanding   any provision of this chapter or any  general  or  special  law  to  the   contrary,  any  condition  of impairment of health caused by diseases of   the heart, resulting in the disability or death to a member  covered  by   this  section,  presently  employed  and  who  shall have sustained such   disability  while  so  employed,  who  successfully  passed  a  physical   examination  on  entry into service as a member covered by this section,   which examination failed to disclose evidence of any  disease  or  other   impairment  of  the  heart,  shall  be  presumptive evidence that it was   incurred in the performance and discharge of duty, unless  the  contrary   can be proved by competent evidence.
NY Ret & SS L § 507-E (2021)
2021 New York Laws RSS - Retirement and Social Security Article 14 - Coordinated-Escalator Retirement Plan 507-E - Uniformed Court Officers and Peace Officers; Certain Disabilities.

§   507-e.  Uniformed  court  officers  and  peace  officers;  certain   disabilities. Notwithstanding any provision of this chapter  or  of  any   general,  special  or  local  law  to  the contrary, any member who is a   uniformed court officer or peace officer in the unified court system who   contracts any condition of impairment of health caused  by  diseases  of   the  heart,  resulting  in  disability or death to such court officer or   peace officer, presently employed, and who  shall  have  sustained  such   disability  while  so  employed, shall be presumptive evidence that such   disability was incurred in the performance and discharge of duty and the   natural and proximate result of an  accident,  unless  the  contrary  be   proved  by  competent  evidence;  provided, however, that prior to entry   into service, such member successfully  passed  a  physical  examination   which  failed to disclose evidence of any disease or other impairment of   the heart.