No. 55. Argued March 22, 2007. Decided May 1, 2007. APPEAL, by permission of the Court of Appeals, from an order of the Appellate Division of the Supreme Court in the Fourth Judicial Department, entered February 3, 2006. The Appellate Division (1) reversed, on the law, insofar as appealed from, an order of the Supreme Court, Chautauqua County (Frederick J. Marshall, J.), entered in a proceeding pursuant to CPLR article 75, which had granted in part the petition to stay arbitration and stayed arbitration
155, 156 Decided December 17, 2002. Appeal, in the first above-entitled proceeding, by permission of the Court of Appeals, from an order of the Appellate Division of the Supreme Court in the Third Judicial Department, entered December 20, 2001, which (1) reversed, on the law, an order of the Supreme Court (Robert P. Best, J.) entered in Fulton County, granting a petition to stay arbitration relating to the retirement provision of the parties' collective bargaining agreement, and (2) dismissed the
a. The annuity reserve fund shall be the fund from which shall be paid all annuities and all benefits in lieu of annuities, payable pursuant to this article. b. Upon retirement, a member's accumulated contributions shall be transferred from the annuity savings fund to the annuity reserve fund. They shall then be used to provide an annuity, the amount of which shall be the actuarial equivalent of such accumulated contributions on the basis of regular interest and the tables adopted by the comptroller