Common use of Retirement Insurance Clause in Contracts

Retirement Insurance. 1. The New Career Plan (Section 75-i) of the New York State and Local Employees’ Retirement System will remain in effect for Tier 1 and 2 members (those who became members of the Retirement System on or before July 26, 1976), adopted by the Board of Representatives on January 16, 1990:

Retirement Insurance. 1. The New Career Plan (Section 75-i) of the New York State and Local Employees’ Retirement System will remain in effect for Tier 1 and 2 members (those who became members of the Retirement System on or before July 26, 1976), adopted by the Board of Representatives on January 16, 1990:: A pension of 1/50th of member’s final average salary for each year of service when a member retires with 20 or more years of credited service. (Members with fewer than 20 years of service retire under provisions of Section 75-e).

Retirement Insurance. 1. The New Career Plan (Section 75-i) of the New York State and Local Employees’ Employees Retirement System will remain in effect for Tier 1 and 2 members (those who became members of the Retirement System on or before July 26, 1976), adopted by the Board of Representatives on January 16, 1990:: A pension of 1/50th of member’s final average salary for each year of service when a member retires with 20 or more years of credited service. (Members with fewer than 20 years of service retire under provisions of Section 75-e).

Retirement Insurance. 1. The New Career Plan (Section 75-i) of the New York State and Local Employees’ ' Retirement System will remain in effect for Tier 1 and 2 members (those who became members of the Retirement System on or before July 26, 1976), adopted by the Board of Representatives on January 16, 1990:

Retirement Insurance. 1. The New Career Plan (Section 75-i) of the New York State and Local Employees’ ' Retirement System will remain in effect for Tier 1 and 2 members (those who became members of the Retirement System on or before July 26, 1976), adopted by the Board of Representatives on January 16, 1990:: A pension of 1/50th of member's final average salary for each year of service when a member retires with 20 or more years of credited service. (Members with fewer than 20 years of service retire under provisions of Section 75-e).