911 - Benefit enhancements.

§  911.  Benefit  enhancements.  a. 1. An eligible member other than a  member of the New York city teachers' retirement system (i) with a  date  of  membership  in  a  retirement  system  prior to July twenty-seventh,  nineteen hundred seventy-six and (ii) who was in active service on  June  first, two thousand and continued in active service until October first,  two  thousand,  shall  receive  one-twelfth  of  a  year  of  additional  retirement credit  for  each  year  of  retirement  credit  for  service  rendered  as  of  the date of retirement, vesting, transfer or death, if  applicable, up to a maximum of two  years  of  retirement  credit.  Such  additional  credit  shall  be  available  for  all  purposes,  including  fulfilling the qualifying service requirements of  Plans  A  and  C,  if  applicable.    2.  An  eligible member who is a member of the New York city teachers'  retirement  system  (i)  with  a  date  of  membership  prior  to   July  twenty-seventh,  nineteen hundred seventy-six and (ii) who was in active  service on October first, two  thousand  and  (A)  continued  in  active  service  up  to  and  including  June thirtieth, two thousand one, shall  receive one-twelfth of a year of additional retirement credit  for  each  year  of  retirement  credit  for  service  rendered  as  of the date of  retirement, vesting, transfer or death, if applicable, up to  a  maximum  of  one  year of retirement credit or (B) continued in active service up  to and  including  June  thirtieth,  two  thousand  two,  shall  receive  one-twelfth  of  a year of additional retirement credit for each year of  retirement credit for service rendered as of  the  date  of  retirement,  vesting,  transfer or death, if applicable, up to a maximum of two years  of retirement credit. No eligible member shall  receive  more  than  two  years  of  retirement  credit  pursuant to this section. Such additional  credit shall be available for all  purposes,  including  fulfilling  the  qualifying service requirements of Plan A or C, if applicable.    3.  Notwithstanding  any  other  provisions  of  law,  if  the service  retirement benefit of  an  eligible  member  is  subject  to  a  maximum  retirement  benefit,  including  any  limitation imposed by section four  hundred forty-four of this chapter, the additional benefit authorized by  this subdivision shall be computed by multiplying the pensionable salary  base times the number  of  years  of  service  credit  granted  by  this  subdivision  times  the  benefit  fraction  of  the plan under which the  employee retires.    b.  1.  Subject  to  the  provisions  of  paragraph  one-a   of   this  subdivision,  an  eligible  member  (i)  with  a date of membership in a  retirement system on or  after  July  twenty-seventh,  nineteen  hundred  seventy-six  and  (ii) who has ten or more years of membership or ten or  more years of credited  service  with  a  retirement  system  under  the  provisions  of  article fourteen or fifteen of this chapter shall not be  required to contribute to a retirement system pursuant to  section  five  hundred  seventeen  or  six  hundred  thirteen of this chapter as of the  cessation date.    1-a.  Notwithstanding  the  provisions  of  paragraph  one   of   this  subdivision  or  any other provision of law to the contrary, a member of  the New York city teachers' retirement system or the New York city board  of education retirement system:    (i) who is a twenty-seven  year  participant  in  the  age  fifty-five  retirement  program  (as defined in paragraph twelve of subdivision a of  section six hundred four-i of this chapter), and    (ii) who becomes subject to the provisions of article fifteen of  this  chapter  after the effective date of this paragraph, shall contribute to  a retirement system pursuant to section six  hundred  thirteen  of  this  chapter  until  he  or  she has completed twenty-seven years of credited  service.2. No contribution made to a retirement system by an  eligible  member  prior  to the eligible member's cessation date shall be refunded, except  as otherwise allowable pursuant to article fourteen or fifteen  of  this  chapter.    3.  Nothing  in  this  subdivision b shall affect the obligation of an  eligible member to repay any contributions previously refunded  pursuant  to  article  fourteen, fifteen or fifteen-D of this chapter in the event  such person rejoins a retirement system.  Nothing  in  this  subdivision  shall affect the obligation of an eligible member to pay such amounts as  may  be  required by section five hundred seventeen, six hundred nine or  six hundred thirteen of this chapter or by any other  provision  of  law  for service rendered prior to such member's date of membership at a time  such member was not a member of a retirement system.