N.Y.
Retirement & Social Security Law Section 444
Maximum retirement benefits
a.
Except as provided in subdivision c of § 445-A (Optional twenty-year improved benefit retirement program for New York city correction members below the rank of captain)section four hundred forty-five-a of this article, subdivision c of § 445-B (Optional twenty-year improved benefit retirement program for New York city sanitation members)section four hundred forty-five-b of this article, subdivision c of § 445-C (Optional twenty-year improved benefit retirement program for New York city correction members of the rank of captain or above)section four hundred forty-five-c of this article, subdivision c of § 445-D (Optional age fifty-five improved benefit retirement program for certain New York city members)section four hundred forty-five-d of this article as added by chapter four hundred seventy-two of the laws of nineteen hundred ninety-five, subdivision c of § 445-E (Optional twenty-five year improved benefit retirement program for dispatcher members)section four hundred forty-five-e of this article, subdivision c of § 445-F (Optional twenty-five year improved benefit retirement program for deputy sheriff members)section four hundred forty-five-f of this article and subdivision c of § 445-H (Optional twenty-five year improved benefit retirement program for police communications members)section four hundred forty-five-h of this article, the maximum retirement benefit computed without optional modification provided to a member of a retirement system who is subject to the provisions of this article, other than a police officer, a firefighter, an investigator member of the New York city employees’ retirement system, a member of the uniformed personnel in institutions under the jurisdiction of the New York city department of correction who receives a performance of duty disability retirement allowance, a member of the uniformed personnel in institutions under the jurisdiction of the department of corrections and community supervision or a security hospital treatment assistant, as those terms are defined in subdivision i of § 89 (Retirement of members in the uniformed personnel in institutions under the jurisdiction of the department of corrections and community su...)section eighty-nine of this chapter, who receives a performance of duty disability retirement allowance, a member of a teachers’ retirement system, New York city employees’ retirement system, New York city board of education retirement system or a member of the New York state and local employees’ retirement system or a member of the New York city employees’ retirement system or New York city board of education retirement system employed as a special officer, parking control specialist, school safety agent, campus peace officer, taxi and limousine inspector or a police communications member and who receives a performance of duty disability pension, from funds other than those based on a member’s own or increased-take-home-pay contributions, shall, before any reduction for early retirement, be sixty per centum of the first fifteen thousand three hundred dollars of final average salary, and fifty per centum of final average salary in excess of fifteen thousand three hundred dollars, and forty per centum of final average salary in excess of twenty-seven thousand three hundred dollars, provided, however, that the benefits provided by subdivision c of § 445-D (Optional age fifty-five improved benefit retirement program for certain New York city members)section four hundred forty-five-d of this article as added by chapter four hundred seventy-two of the laws of nineteen hundred ninety-five based upon the additional member contributions required by subdivision d of such section four hundred forty-five-d shall be subject to the maximum retirement benefit computations set forth in this section. The maximum retirement benefit computed without optional modification payable to a police officer, an investigator member of the New York city employees’ retirement system or a firefighter shall equal that payable upon completion of thirty years of service, except that the maximum service retirement benefit computed without optional modification shall equal that payable upon completion of thirty-two years of service.b.
Notwithstanding the provisions of subdivision a of this section, a member employed as a uniformed court officer or peace officer in the unified court system granted accidental disability retirement benefits shall receive a pension of three-quarters of final average salary. The payment of such pension shall be subject to the provisions of § 64 (Payment of both pensions for accident and other benefits prohibited)section sixty-four of this chapter.c.
Notwithstanding § 363-C (Retirement for disability incurred in performance of duty)section three hundred sixty-three-c of this chapter, accidentally disabled police officers and firefighters shall receive a pension of three-quarters of their final average salary. The payment of such pension shall be subject to the provisions of § 364 (Payment of both pensions for accident and other benefits prohibited)section three hundred sixty-four of this chapter.d.
Notwithstanding the provisions of subdivision a of this section, the retirement benefit payable to a member of the New York city police pension fund or the New York city fire department pension fund who has completed thirty or more years of service at the time of his or her retirement shall be based on the total service with which such member has been credited at retirement.
Source:
Section 444 — Maximum retirement benefits, https://www.nysenate.gov/legislation/laws/RSS/444 (updated Sep. 22, 2014; accessed May 4, 2024).
