Section 13-268. Definitions  


Latest version.
  • As used in this subchapter, the following words
      and phrases shall  have  the  following  meanings,  unless  a  different
      meaning is plainly required by the context:
        1.   "Variable   supplements  fund".  The  police  officer's  variable
      supplements fund established by this subchapter.
        1-a. "Minimum period". The minimum period of credited service which  a
      member  of  pension fund, subchapter one or pension fund, subchapter two
      is required by law to perform in order to  be  eligible  to  retire  for
      service with immediate payability of retirement allowance.
        1-b.  "Police officer". A member of either pension fund referred to in
      subdivision one-a of this section who, at the  time  of  retirement  for
      service by reason of fulfillment of the minimum period, was not a police
      superior  officer  as  defined  in subdivision four of section 13-278 of
      subchapter four of this chapter.
        2. "Association". The patrolmen's benevolent association of  the  city
      of New York.
        3.  "Fiscal  year". Any year commencing with the first day of July and
      ending with the thirtieth day of June next following.
        4. "Board". The board of trustees provided for in  section  13-270  of
      this subchapter.
        5.  "Pension  fund  beneficiary". Any person who receives a retirement
      allowance by reason of  having  retired,  on  or  after  October  first,
      nineteen  hundred  sixty-eight,  for  service (with credit for twenty or
      more years of service creditable toward the minimum period) as a  member
      of pension fund, subchapter one or pension fund, subchapter two and as a
      police officer.
        6.  "Variable  supplement". Any sum authorized to be paid to a pension
      fund beneficiary pursuant to the provisions of this subchapter.
        7. "Pension fund, subchapter one".  The  New  York  police  department
      pension  fund  maintained  pursuant  to subchapter one of chapter two of
      this title.
        8. "Pension fund, subchapter two".  The  New  York  police  department
      pension  fund  maintained  pursuant  to subchapter two of chapter two of
      this title.