ยง  604. Service retirement benefits. a. The service retirement benefit
  at normal retirement age for a member with less  than  twenty  years  of
  credited  service, or less than twenty-five years credited service for a
  member who joins the New York state teachers' retirement  system  on  or
  after  January  first, two thousand ten, shall be a retirement allowance
  equal to one-sixtieth of final average salary times  years  of  credited
  service. Normal retirement age for members who first become members of a
  public  retirement  system  of  the  state  on or after April first, two
  thousand twelve shall be age sixty-three.
b. The service retirement benefit  at  normal  retirement  age  for  a
  member   with  twenty  years  or  more  of  credited  service,  or  with
  twenty-five or more years credited service for a member who first  joins
  the  New  York  state  teachers'  retirement  system on or after January
  first, two thousand ten,  shall  be  a  retirement  allowance  equal  to
  one-fiftieth of final average salary times years of credited service not
  in excess of thirty years.
Credited service in excess of thirty years shall provide an additional
  retirement  allowance equal to three-two hundredths of the final average
  salary for each year of credited service in excess of thirty years.
b-1. Notwithstanding any other provision of law to the  contrary,  the
  service  retirement  benefit  for  members  with twenty or more years of
  credit service who first become a member of a public  retirement  system
  of  the  state  on  or  after  April  first,  two thousand twelve at age
  sixty-three shall be a pension equal  to  the  sum  of  thirty-five  per
  centum and one-fiftieth of final average salary for each year of service
  in  excess  of twenty times final average salary times years of credited
  service. In no  event  shall  any  retirement  benefit  payable  without
  optional modification be less than the actuarially equivalent annuitized
  value  of  the  member's contributions accumulated with interest at five
  percent per annum compounded annually to the date of retirement.
c. The early  service  retirement  benefit  for  a  member  who  is  a
  correction  officer  of  the Westchester county correction department as
  defined in section eighty-nine-e of this  chapter  shall  be  a  pension
  equal  to  one-fiftieth  of final average salary times years of credited
  service at the completion  of  twenty-five  years  of  service  as  such
  correction  officer,  but  not  exceeding  one-half  of his or her final
  average salary.
d. The early service retirement  for  a  member  who  is  employed  in
  Suffolk   county   as   a  correction  officer  as  defined  in  section
  eighty-nine-f of this chapter, shall be a pension equal to  one-fiftieth
  of  final  average  salary  times  years  of  credited  service  at  the
  completion of twenty-five years of service as such  correction  officer,
  but not exceeding one-half of his or her final average salary.
e. The early service retirement for a member who is employed in Nassau
  county as a correction officer, uniformed correction division personnel,
  sheriff,   undersheriff   or  deputy  sheriff,  as  defined  in  section
  eighty-nine-g of this chapter, shall be a pension equal to  one-fiftieth
  of  final  average  salary  times  years  of  credited  service  at  the
  completion of twenty-five years of service as such  correction  officer,
  uniformed correction division personnel, sheriff, undersheriff or deputy
  sheriff, but not exceeding one-half of his or her final average salary.
f. The early service retirement for a member who is employed in Albany
  county as a sheriff, undersheriff, deputy sheriff, correction officer or
  identification  officer  as  defined  in  section  eighty-nine-h of this
  chapter shall be a pension equal to one-fiftieth of final average salary
  times years of credited service at the completion of  twenty-five  years
  of  service  as  such  sheriff, undersheriff, deputy sheriff, correction
  officer or identification officer, but not exceeding one-half of his  or
  her final average salary.
** g.  The  early  service  retirement  benefit  for  a  member who is
  employed in St. Lawrence  county  as  a  sheriff,  undersheriff,  deputy
  sheriff  or  correction  officer  as defined in section eighty-nine-i of
  this chapter shall be a pension equal to one-fiftieth of  final  average
  salary  times years of credited service at the completion of twenty-five
  years of service  as  such  sheriff,  undersheriff,  deputy  sheriff  or
  correction  officer,  but  not  exceeding  one-half  of his or her final
  average salary.
** NB There are 3 sb g's
** g. The early  service  retirement  benefit  for  a  member  who  is
  employed in Orleans county as a sheriff, undersheriff, deputy sheriff or
  correction  officer  as defined in section eighty-nine-l of this chapter
  shall be a pension equal to one-fiftieth of final average  salary  times
  years  of  credited  service  at  the completion of twenty-five years of
  service as such sheriff,  undersheriff,  deputy  sheriff  or  correction
  officer, but not exceeding one-half of his or her final average salary.
** NB There are 3 sb g's
** g.  The  early  service  retirement  benefit  for  a  member who is
  employed in Jefferson county as a sheriff, undersheriff, deputy  sheriff
  or  correction  officer  as  defined  in  section  eighty-nine-j of this
  chapter shall be a pension equal to one-fiftieth of final average salary
  times years of credited service at the completion of  twenty-five  years
  of  service  as such sheriff, undersheriff, deputy sheriff or correction
  officer, but not exceeding one-half of his or her final average salary.
** NB There are 3 sb g's
h. The early service retirement benefit for a member who  is  employed
  in  Onondaga  county  as  a  deputy  sheriff-jail division competitively
  appointed or as a correction officer as defined in section eighty-nine-k
  of this chapter shall be  a  pension  equal  to  one-fiftieth  of  final
  average  salary  times  years  of  credited service at the completion of
  twenty-five years  of  service  as  such  deputy  sheriff-jail  division
  competitively appointed or as such correction officer, but not exceeding
  one-half of his or her final average salary.
i.  1.  The  early  service  retirement  benefit  for  a member who is
  employed in the office of the district attorney of Westchester county as
  a chief  criminal  investigator,  deputy  chief  criminal  investigator,
  criminal   investigator,   senior  criminal  investigator,  confidential
  criminal  investigator,  assistant  criminal  investigator  or  criminal
  investigator/arson  shall  be  a  pension equal to one-fiftieth of final
  average salary times years of credited  service  at  the  completion  of
  twenty-five years of service as such chief criminal investigator, deputy
  chief  criminal  investigator,  criminal  investigator,  senior criminal
  investigator, confidential  criminal  investigator,  assistant  criminal
  investigator  or criminal investigator/arson, but not exceeding one-half
  of his or her final average salary.
2.  Notwithstanding  the  provisions  of   paragraph   one   of   this
  subdivision,  if  the  county  of  Westchester  elects  to  provide  the
  retirement benefit pursuant to this paragraph by adopting  a  resolution
  to such effect and filing a certified copy thereof with the comptroller,
  the early service retirement benefit for a member who is employed in the
  office  of  the  district  attorney  of  Westchester  county  as a chief
  criminal investigator,  deputy  chief  criminal  investigator,  criminal
  investigator,   senior   criminal  investigator,  confidential  criminal
  investigator,    assistant    criminal    investigator    or    criminal
  investigator/arson  shall  be  a  pension equal to one-fortieth of final
  average salary times years of credited  service  at  the  completion  of
  twenty  years  of  service  as  such chief criminal investigator, deputy
  chief criminal  investigator,  criminal  investigator,  senior  criminal
  investigator,  confidential  criminal  investigator,  assistant criminal
  investigator  or criminal investigator/arson, but not exceeding one-half
  of his or her final average salary.
j. The early service retirement benefit for a member who  is  employed
  in   Broome  county  as  a  sheriff,  undersheriff,  deputy  sheriff  or
  correction officer as defined in section eighty-nine-m of  this  chapter
  shall  be  a pension equal to one-fiftieth of final average salary times
  years of credited service at the  completion  of  twenty-five  years  of
  service  as  such  sheriff,  undersheriff,  deputy sheriff or correction
  officer, but not exceeding one-half of his or her final average salary.
k. The early service retirement benefit for a member who is  a  Monroe
  county  deputy  sheriff-court  security,  or  deputy  sheriff-jailor  as
  defined in section eighty-nine-n of this  chapter  shall  be  a  pension
  equal  to  one-fiftieth  of final average salary times years of credited
  service at the completion of twenty-five years of service as such deputy
  sheriff-court security, or  deputy  sheriff-jailor,  but  not  exceeding
  one-half of his or her final average salary.
l. The early service retirement for a member who is employed in Greene
  county  as a sheriff, undersheriff, deputy sheriff or correction officer
  as defined in section eighty-nine-o of this chapter shall be  a  pension
  equal  to  one-fiftieth  of final average salary times years of credited
  service at the completion  of  twenty-five  years  of  service  as  such
  sheriff,  undersheriff,  deputy  sheriff  or correction officer, but not
  exceeding one-half of his or her final average salary.
m. The early service retirement benefit for a member who  is  employed
  in  a  county  that  makes the election provided for in subdivision j of
  section eighty-nine-p of this chapter as a sheriff, undersheriff, deputy
  sheriff or correction officer as defined  in  section  eighty-nine-p  of
  this  chapter  shall be a pension equal to one-fiftieth of final average
  salary times years of credited service at the completion of  twenty-five
  years  of  service  as  such  sheriff,  undersheriff,  deputy sheriff or
  correction officer, but not exceeding  one-half  of  his  or  her  final
  average salary.
n.  The early service retirement benefit for a member who is a traffic
  officer with the town of Elmira as defined in section  eighty-nine-q  of
  this  chapter  shall be a pension equal to one-fiftieth of final average
  salary times years of credited service at the completion of  twenty-five
  years  of service as such traffic officer, but not exceeding one-half of
  his or her final average salary.
o. The early service retirement  for  a  member  who  is  employed  by
  Suffolk   county  as  a  park  police  officer  as  defined  in  section
  eighty-nine-r of this chapter, shall be a pension equal to  one-fiftieth
  of  final  average  salary  times  years  of  credited  service  at  the
  completion of twenty-five years of service as such park police  officer,
  but  not  exceeding one-half of his or her final average salary. As used
  in this section "creditable service" shall include any and all  services
  performed  as  a park police officer of the Suffolk county department of
  parks, and any and all services  performed  as  a  park  ranger  of  the
  Suffolk county department of parks.
** p.  The  early service retirement for a member who is employed as a
  peace officer as defined in section eighty-nine-s of this chapter, shall
  be a pension equal to one-fiftieth of final average salary  times  years
  of credited service at the completion of twenty-five years of service as
  such  probation  officer, but not exceeding one-half of his or her final
  average salary.
** NB There are 4 sb p's
* p. The early service retirement for a member who is employed  as  an
  ambulance medical technician, ambulance medical technician/supervisor or
  a  member who performs ambulance medical technician related services, or
  a police medic, police medic supervisor or a member who performs  police
  medic  related  services  as  defined  in  section eighty-nine-s of this
  chapter, shall be a pension  equal  to  one-fiftieth  of  final  average
  salary  times years of credited service at the completion of twenty-five
  years of service, but not exceeding one-half of his or her final average
  salary; for service beyond twenty-five years the benefits shall increase
  by one-sixtieth of final average salary  for  each  year  of  additional
  service  credit  provided,  however,  that  the  total allowance payable
  pursuant to this section shall not exceed three-fourths of such member's
  final average salary.
** NB There are 4 sb p's
** p. The early service retirement for a member who is employed  as  a
  peace officer as defined in section eighty-nine-s of this chapter, shall
  be  a  pension equal to one-fiftieth of final average salary times years
  of credited service at the completion of twenty-five years of service as
  such probation officer, but not exceeding one-half of his or  her  final
  average salary.
** NB There are 4 sb p's
** p.  If  the  county  of  Rockland  elects to provide the retirement
  benefit pursuant to this subdivision by adopting a  resolution  to  such
  effect  and  filing  a  certified copy thereof with the comptroller, the
  early service retirement benefit for a member who  is  employed  in  the
  office   of  the  district  attorney  of  Rockland  county  as  a  chief
  investigator/detective,  criminal   investigator-electronics,   criminal
  investigator-child  abuse,  senior  criminal  investigator  or  criminal
  investigator shall be a pension equal to one-fortieth of  final  average
  salary  times  years  of  credited service for the first twenty years of
  service plus an additional one-sixtieth of final  average  salary  times
  years of credited service for each year beyond the first twenty years of
  service     as     such     chief    investigator/detective,    criminal
  investigator-electronics,  criminal  investigator-child  abuse,   senior
  criminal  investigator  or  criminal  investigator,  but  not  exceeding
  three-fourths of his or her final average salary.
** NB There are 4 sb p's
** q. The early  service  retirement  benefit  for  a  member  who  is
  employed in a county that makes the election provided for in subdivision
  j of section eighty-nine-t of this chapter as a peace officer as defined
  in  section  eighty-nine-t  of  this chapter shall be a pension equal to
  one-fiftieth of final average salary times years of credited service  at
  the  completion of twenty-five years of service as such peace officer in
  a county probation department, but not exceeding one-half of his or  her
  final average salary.
** NB There are 2 sb q's
** q.  The  early  service  retirement  benefit  for a member who is a
  qualifying member as defined in subdivision a of  section  eighty-nine-t
  of  this  chapter  shall  be  a  pension  equal to one-fiftieth of final
  average salary times years of qualifying service, as defined in  section
  eighty-nine-t of this chapter, at the completion of twenty-five years of
  such  service,  but  not  exceeding one-half of his or her final average
  salary.
** NB There are 2 sb q's
r. If the county of Suffolk elects to provide the  retirement  benefit
  pursuant to this subdivision by adopting a resolution to such effect and
  filing  a certified copy thereof with the comptroller, the early service
  retirement benefit for a member which is employed in the office  of  the
  district  attorney of Suffolk county as a detective investigator, senior
  detective  investigator,  principal  detective   investigator,   special
  investigator,  or  district  attorney  investigator,  shall be a pension
  equal  to  one-fortieth  of final average salary times years of credited
  service for the  first  twenty  years  of  service  plus  an  additional
  one-sixtieth  of  final  average  salary times years of credited service
  beyond the first twenty years of service as such detective investigator,
  senior detective investigator, principal detective investigator, special
  investigator, or district attorney investigator, but not exceeding three
  fourths of his or her final average salary.
** s. The early service retirement benefit  for  a  member  who  is  a
  paramedic  employed by the police department in the town of Tonawanda as
  defined in section eighty-nine-v of this  chapter  shall  be  a  pension
  equal  to  one-fiftieth  of final average salary times years of credited
  service at the completion  of  twenty-five  years  of  service  as  such
  paramedic,  but  not  exceeding  one-half  of  his  or her final average
  salary. In addition thereto, upon retirement,  each  such  member  shall
  receive,  for  each  year  of  service in excess of twenty-five years, a
  pension which shall be equal to one-sixtieth of his or her final average
  salary. The total allowance payable pursuant to this section  shall  not
  exceed three-quarters of such member's final average salary.
** NB There are 3 sb s's
** s.  The  early service retirement for a member who is employed as a
  deputy  sheriff-civil  as  defined  in  section  eighty-nine-v  of  this
  chapter,  shall  be  a  pension  equal  to one-fiftieth of final average
  salary times years of credited service at the completion of  twenty-five
  years  of  service  as  such  deputy  sheriff-civil,  but  not exceeding
  one-half of his or her final average salary.
** NB There are 3 sb s's
** s. The early service retirement for a member  who  is  employed  in
  Rockland   county   as  a  correction  officer  as  defined  in  section
  eighty-nine-v of this chapter shall be a pension equal  to  one-fiftieth
  of  final  average  salary  times  years  of  credited  service  at  the
  completion of twenty-five years of service as such  correction  officer,
  but not exceeding one-half of his or her final average salary.
** NB There are 3 sb s's
t.  The  early service retirement benefit for a member who is employed
  in the county of Nassau as  a  county  fire  marshal,  supervising  fire
  marshal,  fire  marshal,  assistant  fire  marshal, assistant chief fire
  marshal, chief fire marshal or  division  supervising  fire  marshal  as
  defined  in  section  eighty-nine-w  of  this chapter shall be a pension
  equal to one-fiftieth of final average salary times  years  of  credited
  service at the completion of twenty-five years of service as such county
  fire  marshal,  supervising  fire  marshal, fire marshal, assistant fire
  marshal, assistant chief fire marshal, chief fire  marshal  or  division
  supervising fire marshal, but not exceeding one-half of his or her final
  average salary.
u.  The  early  service  retirement  for a member who is employed as a
  deputy  sheriff-civil  as  defined  in  section  eighty-nine-x  of  this
  chapter,  shall  be  a  pension  equal  to one-fiftieth of final average
  salary times years of credited service at the completion of  twenty-five
  years  of  service  as  such  deputy  sheriff-civil,  but  not exceeding
  one-half of his or her final average salary.
Structure New York Laws
RSS - Retirement and Social Security
Article 15 - Coordinated Retirement Plan
602 - Eligibility for Service Retirement Benefits; Minimum Service Requirements.
603 - Eligibility for Service Retirement Benefits; Age and Service Requirements.
604 - Service Retirement Benefits.
604-A - Twenty-Year Retirement Program for New York City Sanitation Members.
604-C - Supplemental Retirement Allowance.
604-C*2 - Optional Twenty-Five-Year Early Retirement Program for Certain New York City Members.
604-C*3 - Twenty-Year/age Fifty Retirement Program for Triborough Bridge and Tunnel Members.
604-D - Age Fifty-Seven Retirement Program for Certain New York City Members.
604-E - Twenty-Five Year Retirement Program for Dispatcher Members.
604-E*2 - Twenty-Five Year Retirement Program for EMT Members.
604-F - Twenty-Five Year Retirement Program for Deputy Sheriff Members.
604-G - Twenty-Five Year/age Fifty Retirement Program for Automotive Members.
604-H - Twenty-Five Year Retirement Program for Police Communications Members.
604-I - Age Fifty-Five Retirement Program for New York City Teachers and Certain Other Members.
605-B - Accidental Disability Retirement for New York City Uniformed Sanitation Members.
605-B*2 - Uniformed Court Officers and Peace Officers; Certain Disabilities.
605-C - Accidental Disability Retirement for Deputy Sheriffs Employed by the City of New York.
605-F - Disability Benefits; Certain Disabilities.
606-A - Death Benefit for Vested Members Who Die Prior to Retirement.
606-B - Death Benefit for Deputy Sheriffs Employed by Nassau County.
606-B*2 - Death Benefits for Correction Officers Employed by Nassau County.
606-B*3 - Death Benefits for Correction Officers Employed by Suffolk County.
606-B*4 - Death Benefits for Deputy Sheriffs Employed by Suffolk County.
606-C - Death Benefits for Correction Officers Employed by Westchester County.
606-C*2 - Death Benefits for Fire Marshals Employed by Nassau County.
607 - Accidental Death Benefits.
607-A - Performance of Duty Disability Retirement.
607-B - Performance of Duty Disability Retirement.
607-C - Performance of Duty Disability Benefit.
607-E - Accidental Disability Retirement; Westchester County District Attorney Investigators.
607-H - Disability Benefits; Westchester County District Attorney Investigators.
607-J*3 - Performance of Duty Disability Retirement.
607-K - Certain Impairments of Health; Presumption.
611 - Optional Retirement Program.
613-A - Loans to Members of a Teachers' Retirement System.