(i) reduced by five-ninths of one percent for each month, or part
thereof, that separation from service upon retirement (or the date
benefits commence, if later) precedes attainment of age sixty-five,
provided that such reduction, in no event, shall exceed twenty percent,
or
(ii) increased by one-twelfth of one percent for each month that
separation from service upon retirement exceeds attainment of age
sixty-five.
e. Except as otherwise provided herein, a member's primary insurance
amount shall be determined as provided in the federal social security
act, and the rules and regulations promulgated thereunder.
f. This section shall not apply to general members in the uniformed
correction force of the New York city department of correction or to
uniformed personnel in institutions under the jurisdiction of the
department of corrections and community supervision and security
hospital treatment assistants, as those terms are defined in subdivision
i of section eighty-nine of this chapter, provided, however, that the
provisions of this section shall apply to a New York city uniformed
correction/sanitation revised plan member.
g. This section shall not apply to a New York city enhanced plan
member who receives the ordinary disability benefit provided for in
subdivision c-1 of section five hundred six of this article or the
accidental disability benefit provided for in paragraph three of
subdivision c of section five hundred seven of this article.
Structure New York Laws
RSS - Retirement and Social Security
Article 14 - Coordinated-Escalator Retirement Plan
502 - Eligibility for Sevice Retirement Benefits; Minimum Service Requirements.
503 - Eligibility for Normal and Early Service Retirement Benefits; Age and Service Requirements.
504 - Service Retirement Benefits; General Members.
504-C - Supplemental Retirement Allowance.
504-D - Twenty-Year Retirement Program for New York City Correction Members.
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; New York City Department of Correction.
507-E - Uniformed Court Officers and Peace Officers; Certain Disabilities.
507-F - Accidental Disability Retirement; Westchester County District Attorney Investigators.
507-I - Disability Benefits; Westchester County District Attorney Investigators.
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.
511 - Coordination With Social Security Benefits.
515 - Optional Retirement Program.
517-A - Termination of Membership.
517-B - Loans to Members of a Teachers' Retirement System.
517-C - Loans to Members of Certain Retirement Systems.