§ 52-16. Retirement plans.  


Latest version.
  • A. 
    The City provides the following retirement plans to nonrepresented employees who are members of the New York State Retirement System.
    (1) 
    Tier I for employees who joined the retirement system prior to July 1, 1973: Section 75-g.
    (2) 
    Tier II for employees who joined the retirement system between July 1, 1973 and June 30, 1976: Section 75-g.
    (3) 
    Tier III for employees who joined the retirement system between July 1, 1976 and August 31, 1983 : Article 14/Article 15.
    (4) 
    Tier IV for employees who joined the retirement system on or after September 1, 1983: Article 15.
    B. 
    Also, for those qualifying by law:
    (1) 
    Section 60-b: guaranteed ordinary death benefit.
    (2) 
    Section 41, Subdivision j: conversion of unused sick leave credits at the time of retirement, up to a maximum of 165 days into service credit for retirement purposes.