New York § 295 Payment of retirement allowances and transfer of reserves

New York Statutes

§ 295 — Payment of retirement allowances and transfer of reserves

New York § 295

Law RSSRetirement & Social Security

Title 1Legislative Intent; Transitory Provisions

Art. 8New York State and Local Police and Fire Retirement System

This text of New York § 295 (Payment of retirement allowances and transfer of reserves) 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 § 295 (2026).

Text

  § 295. Payment of retirement allowances and transfer of reserves. a.\nOn the effective date of this article, all retired police officers and\nfirefighters, and other persons who have retired pursuant to the\nprovisions of sections eighty-one through eighty-eight, inclusive, of\nthis chapter, as in force and effect immediately prior to the effective\ndate of this article, and their beneficiaries shall be transferred and\nbecome a charge upon the retirement system established by this article\nand shall thereafter receive their retirement allowances from such\nsystem.\n  b. Reserves held by the comptroller for the payment of such retirement\nallowances shall be transferred to the retirement system established by\nthis article on the effective date thereof.\n

Free access — add to your briefcase to read the full text and ask questions with AI

§ 295. Payment of retirement allowances and transfer of reserves. a.\nOn the effective date of this article, all retired police officers and\nfirefighters, and other persons who have retired pursuant to the\nprovisions of sections eighty-one through eighty-eight, inclusive, of\nthis chapter, as in force and effect immediately prior to the effective\ndate of this article, and their beneficiaries shall be transferred and\nbecome a charge upon the retirement system established by this article\nand shall thereafter receive their retirement allowances from such\nsystem.\n b. Reserves held by the comptroller for the payment of such retirement\nallowances shall be transferred to the retirement system established by\nthis article on the effective date thereof.\n