Section 13-644. Definitions  


Latest version.
  • As used in this subchapter:
        1.  The  term  "city  retired  employee"  shall  mean a person who was
      retired prior to July first, nineteen hundred sixty and who receives, as
      a result of such retirement, a retirement allowance or pension from  any
      retirement  or  pension  system  or  plan of the city of New York, which
      retirement allowance or pension, computed without optional modification,
      is or would be twelve hundred dollars per annum or less, and who, unless
      retired for disability:
        (a) is sixty years of age or over and
        (b) has not had less than fifteen  years  of  allowable  and  credited
      service on which his or her retirement allowance or pension is based,
        (c) provided, however, that
        (1)  in  the  case  of  such  a  person  meeting such requirements who
      attained age sixty-five before April first, nineteen hundred  fifty-six,
      or  who  attains  such age on or after such date, the maximum retirement
      allowance or pension, computed without optional modification, shall  for
      the  purposes hereof be thirteen hundred two dollars per annum beginning
      April first, nineteen hundred  fifty-six  or  the  first  of  the  month
      following the date such person attains the age of sixty-five years;
        (2)  in  the  case  of  a  female person meeting such requirements who
      attained age sixty-two before April first, nineteen hundred fifty-seven,
      or who attains such age on or after such date,  the  maximum  retirement
      allowance  or pension, computed without optional modification, shall for
      the purposes hereof be thirteen hundred two dollars per annum  beginning
      April  first,  nineteen  hundred  fifty-seven  or the first of the month
      following the date such person attains the age of sixty-two years;
        (3) in the case of a person retired for disability, either  before  or
      after  attaining  age  fifty,  who attained such age before April first,
      nineteen hundred fifty-seven, or who attains such age on or  after  such
      date,  the  maximum  retirement  allowance  or pension, computed without
      optional modification, shall for the purposes hereof be thirteen hundred
      two  dollars  per  annum  beginning  April   first,   nineteen   hundred
      fifty-seven  or  the  first  of the month following the date such person
      attains the age of fifty years.