New York Laws
Article 11 - State Teachers' Retirement System for Public School Teachers
525 - Protection Against Fraud.

ยง 525. Protection against fraud. 1. Any person who shall knowingly
make any false statement, or shall falsify or permit to be falsified any
record or records of this retirement system in any attempt to defraud
such system as a result of such act, shall be guilty of a misdemeanor,
and shall be punishable therefor under the laws of the state of New
York.

2. Any violation of subdivision one of this section that results in a
member or beneficiary of the retirement system receiving a benefit or
payment in excess of one thousand dollars more than he or she would have
been entitled to shall be a class E felony. Any violation of subdivision
one of this section that results in a member or beneficiary of the
retirement system to receive a benefit or payment in excess of three
thousand dollars more than he or she would have been entitled to shall
be a class D felony.

3. Should any change or error in records result in any employee or
beneficiary receiving from the retirement system more or less than he
would have been entitled to receive had the records been correct, then,
on the discovery of any such error, the retirement board shall correct
such error, and, as far as practicable, shall adjust the payments in
such a manner that the actuarial equivalent of the benefit to which he
was correctly entitled shall be paid.

Structure New York Laws

New York Laws

EDN - Education

Title 1 - General Provisions

Article 11 - State Teachers' Retirement System for Public School Teachers

501 - Definitions.

502 - Retirement System.

503 - Membership of System.

504 - Retirement Board; Members; Terms of Office; Vacancies.

505 - Election of the Active Teacher Members of the Board.

505-A - Election of Retired Teacher Member of Board.

506 - Board Meetings; Oaths of Office; Quorum; Expenses.

507 - Officers of Board; Custody of Funds.

508 - Investment of Funds; Interest; Accounts; Reports.

508-A - New York State Teachers' Retirement System Mwbe Asset Management and Financial Institution Strategy.

509 - Statements of Teachers' Service; Determination of Service Creditable; Service Certificates.

510 - Superannuation Retirement.

511 - Disability Retirement.

511-A - Special Service Retirement.

512 - Withdrawal and Death Benefits.

512-A - Deferred Retirement.

512-B - Loans.

513 - Optional Allowances.

514 - Benefits to Participants in Old Retirement Fund.

515 - Funds Enumerated.

516 - Annuity Savings Fund; Contributions and Payments.

517 - Annuity Reserve Fund; Pension Accumulation Fund.

518 - Pension Reserve Fund.

518-A - Supplemental Retirement Allowance Fund.

519 - Expense Fund.

520 - Duties of Employer.

521 - Collection of Contributions.

522 - Transfer of Contributions Between Retirement Systems.

523 - State Supervision.

524 - Exemption From Taxation and Execution.

525 - Protection Against Fraud.

526 - Merger of Local Teachers' Retirement and Pension Systems With the State System.

527 - .

528 - Pensions-Providing-for-Increased-Take-Home-Pay.

529 - Pensions Providing for Increased Take Home Pay for Certain Teachers.

530 - Pensions-Providing-for-Increased-Take-Home-Pay-for-Teachers.

531 - Abandonment of Unclaimed Contributions or Other Benefits; Transfer to the Pension Accumulation Fund.

532 - Supplemental Retirement Allowance.

532-A - Cost-of-Living Adjustment.

533 - Non-Contributory Retirement Plan.

535 - Career Retirement Plan.

536 - Deductions From Benefits of Certain Retired Members.

537 - Lump Sum Payment of De Minimis Service Retirement Benefit.

538 - Excess Benefit Plan.

539 - Certain Actions by Retiring Members.