New York § 207-D - 207-DAdditional retirement benefits for certain police officers in cities and certain villages

§ 207-D. 207-DAdditional retirement benefits for certain police officers in cities and certain villages

§ 207-d. Additional retirement benefits for certain police officers in cities and certain villages. 1. As used in this section: a. "Final compensation" means the average annual salary or wages for services as a police officer earned from the date of his or her minimum period to the date of his or her retirement. b. "Police officer" means a paid officer or member of the uniformed force of the police department of a city or of any village which has elected to make the benefits provided under this section available to the paid officers or members of its police department or force. c. "Minimum period" means a fixed number of years of service as a police officer specified in a plan or option elected by him or her as a necessary prerequisite for a pension or retirement allowance upon retirement from such service. 2. Notwithstanding the provisions of any general, special or local law, charter or administrative code and in lieu of any lesser amount thereby prescribed, in the event a police officer has served as such for his or her minimum period and thereafter continues in such service, upon his or her subsequent retirement for any cause whatsoever, there shall be added to the amount of the annual pension or retirement allowance to which he or she was entitled upon, such retirement an additional amount computed at the rate of one-sixtieth of his or her final compensation for each year of such additional service. 3. The provisions of this section shall not apply to members of the New York state and local police and fire retirement system.