N.Y. Retirement & Social Security Law Section 518
Election of coverage under article

a.

Except as provided in subdivision c hereof, a member of a public retirement system of the state on June thirtieth, nineteen hundred seventy-six who is not subject to the provisions of article 11 (Limitations Applicable to New Entrants)article eleven of this chapter may elect to become subject to this article by submitting such election on or before June first, nineteen hundred seventy-eight. An election hereunder shall be made in the form and manner prescribed in rules and regulations promulgated by the head of the retirement system to which such member belongs at the time of election. Such election shall be irrevocable thirty days after it is received by the system involved. Provided, however, that an election may not be made by any employee who is not employed by a participating employer, or who is employed by a participating employer described in subdivision c of § 500 (Application)section five hundred of this article.

b.

Contributions made by a member prior to an election pursuant to subdivision a of this section, together with any interest thereon through the date of election, shall thereafter become subject to the provisions of § 517 (Member contributions)section five hundred seventeen of this article.

c.

On and after the date on which this act shall take effect, no member of a public retirement system of the state shall elect to become subject to this article.

Source: Section 518 — Election of coverage under article, https://www.­nysenate.­gov/legislation/laws/RSS/518 (updated Sep. 22, 2014; accessed Apr. 13, 2024).

500
Application 501
Definitions 502
Eligibility for service retirement benefits 503
Eligibility for normal and early service retirement benefits 504
Service retirement benefits 504–A
Twenty-year retirement program for New York city correction members below the rank of captain 504–B
Twenty-year retirement program for New York city correction members of the rank of captain or above 504–C
Supplemental retirement allowance 504–D
Twenty-year retirement program for New York city correction members 505
Service retirement benefits 506
Ordinary disability benefits 507
Accidental disability benefits 507–A
Disability retirement 507–B
Performance of duty disability retirement 507–C
Performance of duty disability retirement 507–D
Disability benefits 507–E
Uniformed court officers and peace officers 507–F
Accidental disability retirement 507–G
Payment of both pensions for accident and other benefits prohibited 507–H
Retirement for disability incurred in performance of duty 507–I
Disability benefits 508
Death benefits 508–A
Death benefit for vested members who die prior to retirement 508–B
Death benefit for deputy sheriffs employed by Nassau county 508–B*2
Death benefits for correction officers employed by Nassau county 508–B*3
Death benefits for correction officers employed by Suffolk county 508–B*4
Death benefits for deputy sheriffs employed by Suffolk county 508–C
Death benefits for fire marshals employed by Nassau county 509
Accidental death benefits 509–A
COVID-19 benefit 510
Escalation of benefits 511
Coordination with social security benefits 512
Final average salary 513
Credit for service 514
Options 515
Optional retirement program 516
Vesting 517
Member contributions 517–A
Termination of membership 517–B
Loans to members of a teachers’ retirement system 517–C
Loans to members of certain retirement systems 518
Election of coverage under article 519
Effect of other laws 520
Duration
Green check means up to date. Up to date

Accessed:
Apr. 13, 2024

Last modified:
Sep. 22, 2014

§ 518’s source at nysenate​.gov

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