New York Retirement & Social Security Law Title 4 - FUNDS OF THE SYSTEM; MEMBERS' CONTRIBUTIONS AND EMPLOYERS' CONTRIBUTIONS

• 320 - The Funds of the Policemen's and Firemen's Retirement System.
  The funds hereby created are as follows: (a) the policemen's and firemen's annuity savings fund, hereinafter referred to as the annuity savings fund; (b) the...
• 321 - Members' Contributions and Their Use; Annuity Savings Fund.
  a. The annuity savings funds shall be the fund in which shall be accumulated all contributions made by members to provide for their annuities and...
• 322 - Members' Contributions and Their Use; Annuity Reserve Fund.
  a. The annuity reserve fund shall be the fund from which shall be paid all annuities and all benefits in lieu of annuities, payable pursuant...
• 323 - Employers' Contributions and Their Use; Pension Accumulation Fund.
  a. Except as otherwise provided pursuant to this article, the pension accumulation fund shall be the fund in which shall be accumulated: 1. All contributions...
• 323-a - Statement of Intent.
  a. This legislation is intended to strengthen the long-term fiscal health of the retirement system, to reduce the volatility of contribution rates and to provide...
• 324 - Employers' Contributions and Their Use; Pension Reserve Fund.
  a. The pension reserve fund shall be the fund from which shall be paid all pensions and all other benefits, except ordinary death benefits, payable...

Last modified: February 3, 2019