Section 13-682. Payment of supplemental retirement allowances  


Latest version.
  • a. On or
      before the last day of each month during the payment period mentioned in
      subdivisions b, e, f, g, h, i and j of section 13-680 of  this  chapter,
      there  shall  be paid to each qualified retiree from the pension reserve
      fund of the retirement system of which such retiree was a member when he
      or  she  retired,  the  applicable  supplemental  retirement   allowance
      prescribed  by  such section 13-680 except that in the case of qualified
      retirees who retired as members of the teachers' retirement system, such
      allowance shall be paid from pension reserve fund  number  one  of  such
      system.  With  respect  to  payments  of  such  supplemental  retirement
      allowances which were made for  the  month  of  July,  nineteen  hundred
      eighty  or  any  subsequent  month preceding the month of July, nineteen
      hundred eighty-one, the actuary  of  each  retirement  system  of  which
      recipients  of  such  allowances  were  members  when they retired shall
      determine the adjustments, if any, which, by reason  of  such  payments,
      the  preceding provisions of this section require to be made between the
      funds of the pension reserve fund or pension reserve fund number one, as
      the case may be,  of  such  retirement  system  and  the  funds  of  the
      supplemental  pension fund, and any such adjustments so determined shall
      be carried out by resolution of the  board  of  trustees  or  retirement
      board of such retirement system and executive order of the mayor.
        b.  There  also  shall be paid on or before the last day of each month
      from the supplemental pension fund to each qualified widow, dependent or
      minor child, the applicable supplemental pension prescribed  by  section
      13-681 of this chapter.
        c.  In  any case where the spouse of a deceased retiree is entitled to
      receive a supplemental retirement allowance pursuant to  the  provisions
      of  subdivision  k  of  section  13-680  of  this chapter, then from the
      retirement system pension  reserve  fund  from  which  the  supplemental
      retirement  allowance of such retiree would be paid if such retiree were
      living, there shall be paid on or before the last day of each month with
      respect to which such spouse is entitled to  receive  such  supplemental
      retirement   allowance,   the   applicable   amount   of  such  spouse's
      supplemental retirement allowance; provided, however, that in  the  case
      of  the spouse of any such deceased retiree who retired as a contributor
      of the New York city teachers' retirement system, such  allowance  shall
      be  paid  to  such  spouse  from pension reserve fund number one of such
      retirement system.
        d. On or before the last day of each month with  respect  to  which  a
      surviving  spouse who is a designated annuitant (as defined in paragraph
      ten of subdivision a of section 13-680  of  the  code)  is  entitled  to
      receive  a  supplemental retirement allowance pursuant to the provisions
      of subdivision l of such section 13-680,  such  supplemental  retirement
      allowance  shall be paid from the fund or funds of the retirement system
      from which  is  payable  such  surviving  spouse's  annuity  or  pension
      supplemented by such supplemental retirement allowance.
        e.  On  or  before the last day of each month with respect to which an
      additional supplemental retirement  allowance  is  payable  pursuant  to
      section  thirty or section thirty-one of chapter six hundred fifty-eight
      of the laws of nineteen hundred eighty-four  to  a  pensioner  receiving
      benefits   under  this  section  13-682,  such  additional  supplemental
      retirement allowance shall be paid from the pension reserve fund of  the
      retirement  system of which such pensioner was a member when he retired,
      except that in the case of such pensioners who retired as members of the
      New York city teachers' retirement system, such additional  supplemental
      retirement  allowance shall be paid from pension reserve fund number one
      of such system.