Section 192. Supplemental retirement allowances of retired employees  


Latest version.
  • Notwithstanding  any  other  provision  of  the  retirement  and  social
      security  law,  any  state retired employee or state retired teacher, as
      defined by section one hundred ninety-one of this article,  who,  unless
      retired  for  disability, had at least five years of credited service at
      the time of his retirement, shall be entitled to a supplemental  pension
      payment  to  be  known  as  a  supplemental retirement allowance payable
      annually in  monthly  installments  in  accordance  with  the  following
      provisions of this section:
        a.  The supplemental retirement allowance provided for herein shall be
      a percentage of the  retirement  allowance,  computed  without  optional
      modification,  based  on  the year of his retirement, in accordance with
      the  schedule  hereinafter  set  forth,  provided,  however,   that   no
      supplemental retirement allowance shall:
        (1) Exceed one thousand five hundred dollars per year, nor
        (2)  Together  with the retirement allowance computed without optional
      modification, and the primary benefit obtained under the federal old-age
      survivors, and disability insurance system, exceed four thousand dollars
      a year, nor
        (3) In the case of any person under the age of sixty-two  retired  for
      disability,  together  with  the  retirement  allowance computed without
      optional modification, the primary benefit obtained  under  the  federal
      old-age, survivors, and disability insurance system, and any earnings as
      the  result of his own employment including self employment, exceed four
      thousand dollars a year, nor
        (4) In the case of state retired employees, be paid for  that  portion
      of  the  annuity  based  on  additional  contributions  made pursuant to
      section twenty-one (i) of the retirement and  social  security  law,  or
      section fifty-eight of the civil service law since repealed, nor, in the
      case  of  state  retired  teachers, that portion of the annuity based on
      additional contributions made pursuant to subdivision three  of  section
      five hundred sixteen of the education law, nor
        (5) Be paid to any state retired employee or state retired teacher for
      any  period  during  which  he  returns  to  service with the state or a
      political  subdivision  thereof  other  than   service   in   employment
      authorized  by section two hundred eleven, section two hundred twelve or
      section two hundred fourteen of this chapter.
        b.  The  supplemental  retirement  allowance  shall  be  computed   in
      accordance with the following schedule:
     
      YEAR OF RETIREMENT                  PER CENTUM
     
      1961 or thereafter                  none
      1960                                three
      1959                                five
      1958                                six
      1957                                nine
      1956                                thirteen
      1955                                fifteen
      1954                                fifteen
      1953                                fifteen
      1952                                sixteen
      1951                                eighteen
      1950                                twenty-eight
      1949                                twenty-eight
      1948                                twenty-eight
      1947                                thirty-eight
      1946                                fifty-eight
    
      1945                                seventy-two
      1944                                seventy-six
      1943                                seventy-nine
      1942                                ninety
      1941                                one-hundred-eleven
      1940                                one-hundred-twenty-two
      Prior to 1940                       one-hundred-twenty-two
     
        c.  Any such retired employee already receiving a supplemental pension
      under other provisions of the retirement and social security  law  shall
      continue  to  receive  such  supplemental  pension  or shall receive the
      supplemental retirement allowance provided under this section, whichever
      shall be greater.