New York Laws
Title 7 - Benefits and Claims
600 - Effect of Retirement Payments.

(b) The claimant's benefit rate shall be reduced by the largest number
of whole dollars which is not more than the pro-rated weekly amount of
such payment. If the claimant was the sole contributor for the pension,
retirement or retired pay, annuity, or other similar periodic payment,
no reduction shall apply.
(c) If, at the time benefits are payable, it has not been established
that the claimant will be receiving such pension, retirement or retired
pay, annuity or other payment, benefits due shall be paid without a
reduction, subject to review within the period and under the conditions
as provided in subdivisions three and four of section five hundred
ninety-seven with respect to retroactive payment of remuneration.
(d) For the purposes of this section, the terms "pension or retirement
payment" and "governmental or other pension, retirement or retired pay,
annuity, or any other similar periodic payment which is based on
previous work" shall not include payments made from a qualified trust to
an eligible retirement plan under the terms and conditions specified in
section four hundred two of the internal revenue code for federal income
tax purposes, such payments commonly known as eligible rollover
distributions.