2023 New York Laws › RSS - Retirement and Social Security › Article 6 - Supplemental Retirement Allowance Act › 192 - Supplemental Retirement Allowances of Retired Employees.

§  192.  Supplemental  retirement  allowances  of  retired  employees.
Notwithstanding  any  other  provision  of  the  retirement  and  social
security  law,  any  state retired employee or state retired teacher, as
defined by section one hundred ninety-one of this article,  who,  unless
retired  for  disability, had at least five years of credited service at
the time of his retirement, shall be entitled to a supplemental  pension
payment  to  be  known  as  a  supplemental retirement allowance payable
annually in  monthly  installments  in  accordance  with  the  following
provisions of this section:
a.  The supplemental retirement allowance provided for herein shall be
a percentage of the  retirement  allowance,  computed  without  optional
modification,  based  on  the year of his retirement, in accordance with
the  schedule  hereinafter  set  forth,  provided,  however,   that   no
supplemental retirement allowance shall:
(1) Exceed one thousand five hundred dollars per year, nor
(2)  Together  with the retirement allowance computed without optional
modification, and the primary benefit obtained under the federal old-age
survivors, and disability insurance system, exceed four thousand dollars
a year, nor
(3) In the case of any person under the age of sixty-two  retired  for
disability,  together  with  the  retirement  allowance computed without
optional modification, the primary benefit obtained  under  the  federal
old-age, survivors, and disability insurance system, and any earnings as
the  result of his own employment including self employment, exceed four
thousand dollars a year, nor
(4) In the case of state retired employees, be paid for  that  portion
of  the  annuity  based  on  additional  contributions  made pursuant to
section twenty-one (i) of the retirement and  social  security  law,  or
section fifty-eight of the civil service law since repealed, nor, in the
case  of  state  retired  teachers, that portion of the annuity based on
additional contributions made pursuant to subdivision three  of  section
five hundred sixteen of the education law, nor
(5) Be paid to any state retired employee or state retired teacher for
any  period  during  which  he  returns  to  service with the state or a
political  subdivision  thereof  other  than   service   in   employment
authorized  by section two hundred eleven, section two hundred twelve or
section two hundred fourteen of this chapter.
b.  The  supplemental  retirement  allowance  shall  be  computed   in
accordance with the following schedule:
 
YEAR OF RETIREMENT                  PER CENTUM
 
1961 or thereafter                  none
1960                                three
1959                                five
1958                                six
1957                                nine
1956                                thirteen
1955                                fifteen
1954                                fifteen
1953                                fifteen
1952                                sixteen
1951                                eighteen
1950                                twenty-eight
1949                                twenty-eight
1948                                twenty-eight
1947                                thirty-eight
1946                                fifty-eight

1945                                seventy-two
1944                                seventy-six
1943                                seventy-nine
1942                                ninety
1941                                one-hundred-eleven
1940                                one-hundred-twenty-two
Prior to 1940                       one-hundred-twenty-two
c.  Any such retired employee already receiving a supplemental pension
under other provisions of the retirement and social security  law  shall
continue  to  receive  such  supplemental  pension  or shall receive the
supplemental retirement allowance provided under this section, whichever
shall be greater.