207-B - Additional retirement benefits for certain firemen in cities. - New York Statutes

§ 207-b. Additional retirement benefits for certain firemen in cities. 1. As used in this section: a. "Final compensation" means the average annual salary or wages for services as a fireman earned from the date of his minimum period to the date of his retirement. b. "Fireman" means a paid officer or member of the uniformed force of the fire department of a city. c. "Minimum period" means a fixed number of years of service as a fireman specified in a plan or option elected by him 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 fireman has served as such for his minimum period and thereafter continues in such service, upon his subsequent retirement for any cause whatsoever, there shall be added to the amount of the annual pension or retirement allowance to which he was entitled upon such retirement, an additional amount computed at the rate of one-sixtieth of his 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 policemen's and firemen's retirement system.