§ 410-a. Deduction of group plan insurance or medicare premiums from
benefits. Notwithstanding anything to the contrary contained in section
four hundred ten of this act, the comptroller is hereby authorized to
deduct from the retirement allowance of any retired member, such amount
as the retired member may specify in writing filed with the comptroller
for the payment of any insurance premiums written on the group plan,
covering only such insurance in which the employer as defined in section
three hundred two of this article contributes, and to transmit the sums
so deducted to the company carrying such insurance or its authorized
representative. The comptroller is further authorized to deduct from the
retirement allowance of any retired member such amount as the retired
member may specify in writing filed with the comptroller for the payment
of any insurance premiums due for medicare, and to transmit the sums so
deducted to the agency for the federal government authorized to
administer the medicare program. Any such written authorization may be
withdrawn by such retired member at any time upon filing notice of such
withdrawal with the comptroller.