§ 169. Reimbursement by participating employers for payments to
certain state retired employees. 1. Each participating employer of the
New York state employees' retirement system, as defined in subdivision
twenty of section two of this chapter, shall contribute to the cost of
providing supplemental pension payments to those state retired employees
who retire from service with such participating employers in the manner
provided in this section.

2. As soon as practicable after the close of each fiscal year of the
state, the comptroller shall determine the pro rata share of the cost of
providing such supplemental pension payments during such fiscal year to
be contributed by each such participating employer. Such pro rata share
shall be determined on the basis of the ratio which the total annual
compensation paid to members of the New York state employees' retirement
system by each such participating employer as of the close of the fiscal
year preceding such fiscal year, bears to the total amount of annual
compensation paid to members of such system by all such participating
employers as of such date.

3. The comptroller thereupon shall submit to the fiscal officer of
each such participating employer a statement of the amount to be
contributed by it pursuant to this section. Payment of the amount
specified in the comptroller's statement shall be made by such a
participating employer within sixty days after the receipt thereof. If
payment of the full amount of such obligation is not made within sixty
days after the receipt of such statement, interest at the rate of four
per centum per annum shall commence to run against the unpaid balance
thereof on the first day after such sixtieth day. While any such sum
shall remain due and unpaid the comptroller may refuse to audit any
claim for funds due to such participating employer from the state.

4. All amounts received by the comptroller from such participating
employers pursuant to this section shall be deposited in and credited to
the supplemental pension fund.