New York Laws
Title 2 - Establishment, Management, Supervision and Financing
15 - State Supervision.

ยง 15. State supervision. The retirement system continued 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 retirement system and are not inconsistent with the
provisions of this article.