(a) Since he last became a member, and
  (b)  Prior  to the completion of twenty-five years of total service in
the department, and
  (c) Toward which he and  his  employer  have  contributed  under  this
section, plus
  4.  An additional pension of one-fiftieth of his final average salary,
multiplied by the number of years of total service  in  such  department
prior  to  May  sixth, nineteen hundred forty-six. This pension shall be
payable only if such member has had one or more years of  service  as  a
member.  The computation of this pension shall be subject to the further
conditions that:
  (a)  The  service  rendered  prior  to  May  sixth,  nineteen  hundred
forty-six, shall be limited so that the total service in such department
used  as  a  basis  for  pension  credit  under  this paragraph four and
paragraph three of this  subdivision  f  shall  not  exceed  twenty-five
years, and
  (b)  The  amount  of  the  additional pension payable pursuant to this
paragraph four shall not exceed the amount needed to increase the  total
amount  of  the benefits provided under paragraphs one, two and three of
this subdivision f to one-half of the final average salary, plus
  5. An additional pension equal  to  the  pension  for  any  creditable
service  rendered  while  not  an employee of the department as provided
under paragraphs three and  four  of  subdivision  a  of  section  three
hundred seventy-five of this article. This pension shall:
  (a)  Be payable only if such member has attained age sixty at the time
of retirement and has not completed twenty-five years of service in  the
department for which he receives credit under this article, and
  (b)  Not  increase  the  total  allowance  to  more than he would have
received had his total service been rendered in the department.
  6. In the event a member shall continue in service  after  twenty-five
years of total creditable service in the department there shall be added
to  his pension upon retirement a sum equal to one-sixtieth of his final
average salary for each  completed  additional  year  of  service  after
twenty-five years.
  7.  An  additional  pension,  if  required, of such amount as shall be
necessary to increase the total  amount  of  the  benefits  provided  by
paragraphs  one,  two,  three,  four  and five of this subdivision f, to
one-half of his final average  salary.  The  pension  provided  by  this
paragraph  shall  be payable only if a member retires from service prior
to attaining age fifty-nine, provided, however, that in the case of  any
member  who  has  attained  the age of fifty-nine on or before September
first, nineteen hundred sixty-eight, to be eligible for  the  additional
pension  provided by this paragraph, his service shall be terminated and
he shall be retired on or before December thirty-first, nineteen hundred
sixty-eight. For the  purpose  of  determining  the  amount  of  pension
provided in this paragraph, the annuity shall be computed as it would be
if  it  were  not reduced by the actuarial equivalent of any outstanding
loan if it were  not  increased  by  the  actuarial  equivalent  of  any
additional  contributions  and  if  it were not reduced by reason of the
member's  election  to  decrease  his  annuity  contributions   to   the
retirement  system  in  order  to  apply the amount of such reduction in
payment  of  his  contributions  for  old-age  and  survivors  insurance
coverage.
  g. The increased pensions to members of the department, as provided by
this  section,  shall  be paid from additional contributions made by the
county on account of such members. The actuary of the  police  and  fire
retirement  system  shall  compute  the additional contribution for each
member who elects the special benefits provided under this section. Such
additional contributions shall be computed on the basis of contributions
during the prospective service of  such  member  which  will  cover  the
liability  of  the  police  and  fire  retirement  system for such extra
pensions.  Upon   approval   by   the   comptroller,   such   additional
contributions  shall  be certified by him or her to the county executive
of the county. The amount  thereof  shall  be  included  in  the  annual
appropriation of the county for county police. Such amount shall be paid
on  the  warrant  of  the county comptroller to the pension accumulation
fund of the police and fire retirement system. Every member entering  or
re-entering  the  department  on  and  after May sixth, nineteen hundred
forty-six, shall retire on the first day  of  the  calendar  month  next
succeeding his or her attainment of age fifty-nine.
  h. In computing the twenty-five years of completed service of a member
in  the  department, full credit shall be given and full allowance shall
be made for service of such member in time of war and service  with  the
American  expeditionary forces subsequent to November eleventh, nineteen
hundred  eighteen,  and  prior  to  June  thirtieth,  nineteen   hundred
nineteen,  of  honorably  dischargd officers, soldiers, sailors, marines
and army nurses, who were actual residents of the state at the  time  of
their  entry  into  the  military  service of the United States, and the
service of members of the national guard in the military service of  the
United  States  of America pursuant to call of the president for Mexican
border service.
  i.  Upon  retirement  of  any  member  pursuant  to  this section, any
additional amounts credited to  the  member's  annuity  savings  account
pursuant  to  subdivision  b  of  section  three  hundred thirty of this
article shall be treated as excess contributions and shall  be  used  to
provide  an  annuity  in  addition  to  the  annuity  prescribed by this
section. Any other amounts credited  to  the  member's  annuity  savings
account,  except  the  amounts contributed or required to be contributed
under this section and except such amounts as are  required  to  produce
the  retirement allowance provided by subdivision f of this section, may
at the option of the member at the time of retirement  be  withdrawn  or
used to provide an annuity in addition to the annuity prescribed by this
section.
  j. The provisions of this section shall be controlling notwithstanding
any provision in this article to the contrary.
Structure New York Laws
RSS - Retirement and Social Security
Article 8 - New York State and Local Police and Fire Retirement System
Title 10 - Special Retirement Plans Applicable to Specified Classes of Members
381 - Retirement of Members in the Division of State Police; Closed Plan.
381-A - Retirement of Members or Officers of the State Police; New Plan.
381-B - Retirement of Members or Officers of the State Police; Twenty Year Retirement Plan.
382 - Optional Retirement of Members in the Division of State Police After Twenty Years of Service.
383 - Retirement of Members in Regional State Park Police Service.
383-A - Retirement of Members of the Regional State Park Police; New Plan.
383-B*2 - Retirement of Members of the Capital Police Force in the Office of General Services.
384 - Optional Retirement of Certain Police Officers and Firefighters.
384-A - Additional Pension Benefits for Certain Police Officers After Twenty-Five Years Service.
384-C - Additional Pension Benefits for Certain Police Officers After Twenty-Five Years of Service.
384-E - Additional Pension Benefit for Members of Optional Twenty Year Retirement Plan.
385 - Retirement of Members in the Nassau County Police Department.
385-A - Retirement of Members of the Nassau County Police Force; New Plan.
387 - Retirement of Members in the Suffolk County Police Force.
387-A - Retirement of Members of the Suffolk County Police Force; New Plan.
388 - Retirement of Members in the City of Yonkers Police Force and Fire Department.