N.Y. Retirement and Social Security Law 155 – Limitations
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§ 155. Limitations. Nothing contained in this article requiring reporting and disclosure shall be construed to create, revive, extend, or otherwise affect the entitlement of a member, retired member, or a beneficiary to any retirement benefit.
Terms Used In N.Y. Retirement and Social Security Law 155
- Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
- Member: shall mean a member of any public retirement system of the state. See N.Y. Retirement and Social Security Law 152
- Retired member: shall mean a person who is retired from and who is receiving a retirement allowance from a public retirement system of the state. See N.Y. Retirement and Social Security Law 152