Laws of New York (Last Updated: November 21, 2014)

Section 425. Separability of retirement systems

Latest version.

No provision of this
  article shall be construed as an impairment of the separability of or of
  the corporate powers and privileges of the employees' retirement  system
  or  the  policemen's  and  firemen's  retirement system. The comptroller
  shall establish  or  continue  separate  funds  and  accounts  for  each
  retirement  system,  consistent  with  the common retirement fund herein
  provided for, as may be required to carry out the separate purposes  and
  privileges of each retirement system.

                    
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