1. (a) for members earning regular interest of three per centum, pursuant to section 2(26)(b) of the Retirement and Social Security Law, two per centum;
2. (b) for members earning regular interest of four per centum, pursuant to section 2(26)(b) of the Retirement and Social Security Law, one per centum.

The rate of special interest to be credited to the individual annuity savings accounts of persons who are members of the New York State and Local Employees' Retirement System or New York State and Local Police and Fire Retirement System as of the close of each fiscal year, is as follows: