* § 243-b. Payment of certain pension contributions by the city of New York. As used in this section, the term New York city veteran of the Persian Gulf emergency means a member of the New York city employees' retirement system, the teachers' retirement system of the city of New York, the New York city police pension fund, the New York city fire department pension fund, or the board of education retirement system of the city of New York, who is a member of a reserve component of the armed forces of the United States ordered to active duty on or after August first, nineteen hundred ninety and prior to January first, nineteen hundred ninety-three, in response to the nation's military mission in the Persian Gulf, who is not receiving full salary from a participating employer, and who is otherwise eligible to receive retirement service credit in any of such systems or funds for active duty pursuant to section two hundred forty-two or two hundred forty-three of this article, or pursuant to the federal Veterans' Reemployment Rights Act.
Notwithstanding any other provision of law, all benefits payable by a retirement system or pension fund to a New York city veteran of the Persian Gulf emergency due to the retirement or death of such member shall be calculated as though such member had actually paid the amount of all contributions, together with applicable interest thereon, which such member would have been required to make if, during the period of active duty, because of such Persian Gulf emergency, such member had been present and continuously performed the duties of the position held at the time of his or her entry into active duty.
Each such member shall be credited with such contributions made on his or her behalf. The applicable interest thereon shall be calculated as to each such member under the applicable provisions of law governing the crediting of interest to employee contributions for each such member.
Notwithstanding any other provision of law, any additional liability attributable to this section shall be paid into the retirement system or pension fund by participating employers at such times and in such amounts as determined by the actuary in a manner consistent with appropriate actuarial methodology.
* NB There are 2 § 243-b's
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