New York § 1312 Benefit enhancements

New York Statutes

§ 1312 — Benefit enhancements

New York § 1312

Law RSSRetirement & Social Security

Art. 24Benefit Enhancements

This text of New York § 1312 (Benefit enhancements) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Retirement & Social Security § 1312 (2026).

Text

  § 1312. Benefit enhancements. Notwithstanding any other law to the\ncontrary, eligible employees shall be permitted to retire, without\npenalty, upon reaching age fifty-seven and completing at least thirty\nyears of credited service. Employees retiring pursuant to this section\nshall receive a pension allowance equal to the sum of thirty-five per\ncentum and one-fiftieth of final average salary for each year of service\nin excess of twenty times final average salary times years of credited\nservice.\n

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§ 1312. Benefit enhancements. Notwithstanding any other law to the\ncontrary, eligible employees shall be permitted to retire, without\npenalty, upon reaching age fifty-seven and completing at least thirty\nyears of credited service. Employees retiring pursuant to this section\nshall receive a pension allowance equal to the sum of thirty-five per\ncentum and one-fiftieth of final average salary for each year of service\nin excess of twenty times final average salary times years of credited\nservice.\n