N.Y. Retirement and Social Security Law 200 – Reimbursement of supplemental pension fund by the state
§ 200. Reimbursement of supplemental pension fund by the state. The comptroller shall include with his budget estimate furnished to the governor for each fiscal year amounts estimated by him to be sufficient to reimburse the supplemental pension fund for:
Terms Used In N.Y. Retirement and Social Security Law 200
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
a. The cost of providing supplemental retirement allowance payments during the current fiscal year to all state retired employees, except those who retired from service with a participating employer of the New York state employees' retirement system, as defined by subdivision twenty of § 2 of the retirement and social security law, and
b. The state's pro rata share of the cost of providing supplemental retirement allowance payments during the current fiscal year to state retired teachers, such pro rata share to be determined as provided in section one hundred ninety-eight of this article. The commissioner of education shall furnish the comptroller with such information and data as the comptroller may need to prepare such estimate.