§ 110-a. Deduction of group plan insurance or medicare premiums from benefits. Notwithstanding anything to the contrary contained in section one 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 two of this act contributes, and to transmit the sums so deducted to the company carrying such insurance or its authorized represenative. 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 Any such written authorization may be withdrawn by such retired member at any time upon filing notice of such withdrawal with the comptroller.

Terms Used In N.Y. Retirement and Social Security Law 110-A

  • member: shall include each person who during the qualifying period was in the employment of a public employer which then participated for such employees in a public retirement system in this state, irrespective of whether the person was a participant in such system at that time, provided that the person has become a participant in such retirement system and has purchased service credit for a period of time that includes some or all of the qualifying period in accordance with provisions of law applicable to such purchase of service credit. See N.Y. Retirement and Social Security Law 2