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This entry was published on 2014-09-22
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SECTION 16-B
Computation of pensions in certain retirement funds
General City (GCT) CHAPTER 21, ARTICLE 2
§ 16-b. Computation of pensions in certain retirement funds.
Notwithstanding the provisions of any other law, general or special, the
members of every teachers' retirement system in all cities of the state
shall, when retired pursuant to the law governing such system, receive a
pension, if lawfully entitled thereto, based on the average annual
compensation earnable as a teacher during the five years immediately
preceding the date of his retirement, or the average annual compensation
earnable as a teacher during any ten consecutive years of state service,
said ten years to be selected by the member prior to date of retirement.