Section 13-325. Contributions by original plan members

a. (1) The retirement
  allowance  accumulation  fund,  as established by the provisions of this
  subdivision as in effect prior to the  starting  date  of  the  improved
  benefits  plan  (as  such date is defined in subdivision twenty-seven of
  section 13-313 of  this  subchapter),  shall  cease  to  exist  on  such
  starting date.
    (2)   There  shall  be  transferred  from  such  retirement  allowance
  accumulation fund to the contingent reserve fund established by sections
  13-324 and 13-331 of  this  subchapter  all  assets  of  the  retirement
  allowance  accumulation  fund  as  of  such starting date, including the
  obligation represented by all unpaid amounts which are due  and  payable
  to  the  retirement allowance accumulation fund up to and including such
  date pursuant to the rates of member  deduction  and  city  contribution
  certified  under  section  13-321 of this subchapter prior to such date.
  Any such unpaid  amounts  which  constitute  assets  of  the  retirement
  allowance  accumulation  fund as of such starting date and which are due
  from and payable by the city shall be appropriated and paid by the  city
  pursuant  to  the  provisions of this section and section 13-334 of this
  subchapter as in effect immediately prior to such date.
    (3) Of  such  transferred  amount,  the  prior  original  plan  member
  accumulated  contributions  (as  defined in subdivision six-b of section
  13-313 of this subchapter), as of such starting date, of  each  original
  plan  member  shall be transferred to his or her credit in an individual
  account in the contingent reserve fund.
    b. (1) Subject to the provisions of paragraph two of subdivision c  of
  this section, on and after such starting date, each original plan member
  shall contribute to the pension fund, through deductions from his or her
  compensation  as  provided for by paragraph one of such subdivision c, a
  proportion of his or her earnable compensation (before reduction of such
  proportion on account of  any  program  for  increased-take-home-pay  in
  effect)  equal  to  the  proportion  of his or her earnable compensation
  (before reduction on account of any program for  increased-take-home-pay
  in  effect)  which  he  or she was required to contribute to the pension
  fund as of the date next preceding such starting date.
    (2) The normal rate of contribution as an  original  plan  member  (as
  defined  in  subdivision seventeen of section 13-313 of this subchapter)
  of any original plan member shall continue unchanged while he or she  is
  an original plan member.
    (3)  The cash benefits payable under the provisions of this subchapter
  to, or upon the death of, an original  plan  member  in  active  service
  shall  be  paid from the contingent reserve fund. Upon the retirement of
  an original plan member, or upon his or her death in the performance  of
  duty,  an  amount  equal  to  the  retirement  allowance reserve for the
  retirement allowance payable on account of his or her city-service as  a
  member,  shall  be  transferred  from the contingent reserve fund to the
  retirement allowance reserve fund.
    c. (1) Such board shall certify to the commissioner who  shall  deduct
  from  the  compensation  of  each original plan member on each and every
  payroll of such member for each and every payroll period, the proportion
  of his or her earnable compensation which  he  or  she  is  required  to
  contribute  to the pension fund as provided for by subdivision b of this
  section, provided that such proportion shall be reduced  on  account  of
  any program for increased-take-home-pay to the extent and for the period
  prescribed by any laws providing for such a reduction for members of the
  pension  fund,  as  applicable to such member. In determining the amount
  earnable by a member in a payroll period, such board  may  consider  the
  rate  of  compensation  payable  to  such member on the first day of the
  payroll period as continuing throughout such  payroll  period  and  such

  board  may  omit deductions from compensation for any period less than a
  full payroll period if an employee was not a member on the first day  of
  the  payroll  period. To facilitate the making of deductions, such board
  may  modify the contribution required of any member by such an amount as
  shall not exceed one-tenth of one per cent of the compensation upon  the
  basis  of which such contribution is to be made. The deductions provided
  herein shall be  made  notwithstanding  that  the  minimum  compensation
  provided  by  law  for any member shall be reduced thereby. Every member
  shall be deemed to consent and agree to the reductions made and provided
  for herein  and  shall  receipt  in  full  for  his  or  her  salary  or
  compensation,  and  payment  less  such  deductions  shall be a full and
  complete discharge and acquittance of all claims and demands  whatsoever
  for  the  services  rendered by such person during the period covered by
  such payment, except his or her claim to the benefits to which he or she
  may  be  entitled  under  the  provisions  of   this   subchapter.   The
  commissioner  shall certify to the comptroller on each and every payroll
  the amounts to be deducted. Each of such amounts shall be  deducted  and
  when  deducted shall be paid into the contingent reserve fund, and shall
  be  credited  to  an  individual  account  of  the  member  from   whose
  compensation such deduction was made.
    (2) Notwithstanding any other provision of law to the contrary, in the
  case of any original plan member whose years of fire service credited to
  him  or  her  equal  or exceed the minimum period for service retirement
  elected by him or her, that part of any earnable  compensation  of  such
  member  earned  after  completion of such minimum period and on or after
  July first, nineteen hundred  sixty-nine,  which  part  is  obtained  by
  multiplying  such  compensation  by  the  excess,  if any, of his or her
  normal rate of contribution as an original plan member  (as  defined  in
  subdivision  seventeen  of  section 13-313 of this subchapter) rate over
  five per cent, shall not be deducted under subdivision b of this section
  and paragraph one of this  subdivision  c.  Nothing  contained  in  this
  paragraph  two shall affect or impair any rights conferred upon any such
  member by section 13-326 of this subchapter.
    d. In addition to the  contributions  from  compensation  hereinbefore
  provided,  any  original  plan  member  may  redeposit in the contingent
  reserve fund by a single payment an amount equal  to  the  total  amount
  which  he  or  she  withdrew  previously  therefrom  as provided in this
  subchapter. Such additional amount so deposited shall become a  part  of
  his  or  her accumulated contributions. The accumulated contributions of
  an original plan member withdrawn as provided in this  subchapter  shall
  be paid out of the contingent reserve fund.