Individuals who are receiving benefits from the New York state and local employees' retirement system pursuant to this article and who will not be eligible for escalation pursuant to section five hundred ten of this article shall be entitled to supplemental retirement benefits provided in section seventy-eight of this chapter if they meet all of the eligibility requirements provided in section seventy-eight of this chapter.
N.Y. Retire. and Soc. Sec. Law § 504-C