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N.Y. EDN Law § 518

This is the official text of N.Y. EDN Law § 518, part of New York’s EDN Law — part of the compiled statutory law of New York, published by the state as "EDN Law." Browse the sections below, each linked to its official government source.

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Pension reserve fund

Official statutory text

§ 518. Pension reserve fund. The pension reserve fund shall be the\nfund from which shall be paid the pensions to new entrants on account of\nwhich reserves shall be transferred from the pension accumulation fund.\nShould any disability pension payable from said fund be canceled, the\npension reserve thereon shall thereupon be transferred from the pension\nreserve fund to the pension accumulation fund. Should the pension of a\ndisability beneficiary be reduced as a result of an increase in his\nearning capacity, the amount of the annual reduction in his pension\nshall be paid annually into the pension accumulation fund during the\nperiod of such reduction.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.