Section 170. Reimbursement of supplemental pension fund by the state  


Latest version.
  • The
      comptroller shall include with his  budget  estimate  furnished  to  the
      governor  for each fiscal year amounts estimated by him to be sufficient
      to reimburse  the  supplemental  pension  fund  for:  (a)  the  cost  of
      providing  supplemental  pension payments during the current fiscal year
      to all state retired employees, except those who  retired  from  service
      with   a  participating  employer  of  the  New  York  state  employees'
      retirement system, as defined by subdivision twenty of  section  two  of
      this  chapter;  and  (b)  the  state's  pro  rata  share  of the cost of
      providing supplemental pension payments during the current  fiscal  year
      to  state  retired  teachers,  such  pro  rata share to be determined as
      provided in  section  one  hundred  sixty-eight  of  this  article.  The
      commissioner  of  education  shall  furnish  the  comptroller  with such
      information and data  as  the  comptroller  may  need  to  prepare  such
      estimate.