About UsFormsLibraryHeadlinesLegislationContact UsHome
Serving New York Educators Since 1921

Part 5018 - Actuarial Assumptions

Part 5018 - 3(b) Disability annuitants

(1) In calculating regular annuities without optional modification and annuities without optional modification on account of additional contributions, the interest rate of four percent shall be used in conjunction with the following tables:

  1. For male members who joined prior to February 1, 1946

  2. For female members who joined prior to February 1, 1946

  3. For male members who joined on or after February 1, 1946, but prior to January 1, 1956

  4. For female members who joined on or after February 1, 1946, but prior to January 1, 1956

  5. For male members who joined on or after January 1, 1956, but prior to July 1, 1961

  6. For female members who joined on or after January 1, 1956, buy prior to July 1, 1961

  7. For male members who joined on or after July 1, 1961

  8. (For female members who joined on or after July 1, 1961


(Statutory authority: Education Law §§501 [subd. 9(b), (c)], 508 [subd. 4], 517)