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                                                        Exhibit 10(ggg)

                              AMENDMENT TO
                  THE BANK OF NEW YORK COMPANY, INC.
                SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN


     WHEREAS, The Bank of New York Company, Inc. Supplemental Executive
Retirement Plan (the "Plan") was adopted by the Board of Directors of The Bank
of New York Company, Inc., effective as of June 9, 1992; and

     WHEREAS, Section 9 of the Plan provides that the Compensation Committee
of the Board of Directors may amend the Plan at any time, except in certain
respects not material hereto; and

     WHEREAS, the Compensation Committee desires to amend the Plan;

     NOW, THEREFORE, the Plan is hereby amended in the following respects,
effective as of February 13, 2001:

     1.  Section 4 of the Plan is amended by amending the first paragraph
thereof to read as follows:

         A Participant shall be entitled to the Benefit provided under
         the Plan if his employment terminates on or after the date he
         has attained age 60, other than by reason of death.
         A Participant whose employment terminates prior to attaining age
         60, other than by reason of death, shall not be entitled to a
         Benefit under the Plan except as determined by the Committee in
         its discretion.

     2.  Sections 5(b) of the Plan is amended by (i) deleting the first
sentence thereof in its entirety and by deleting the word "other" in the
second sentence thereof.

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     3.  Section 5(c) of the Plan is amended by amending the second sentence
thereof to read as follows:

         Unless the Committee, in its discretion, directs payment at a
         different time, payment shall be made or commenced within 30
         days after:

         (i) the Participant's termination of employment with the
         Company, if his employment terminates on or after the date he
         attains age 60, other than by reason of death, or

        (ii) as of such date as determined by the Committee, if the
         Committee determines that a Participant whose employment
         terminates prior to attaining age 60, other than by reason of
         death, is entitled to a Benefit under the Plan.

     4.  Section 5(c) of the Plan is amended by amending the fourth paragraph
thereof to read as follows:

         Notwithstanding anything contained herein to the contrary, in
         the event of a Change in Control (as defined below) (i) any
         remaining installments to a Participant or a Participant's
         Beneficiary shall be paid in a lump sum and the Committee may
         not direct that payment be made at a different time and (ii) the
         Committee may not direct payment of a Benefit to a Participant's
         Beneficiary in a different form or at a different time.

     5.  Exhibit B to the Plan is deleted in its entirety.

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IN WITNESS WHEREOF, The Bank of New York Company, Inc. has caused this
Amendment to be executed by its duly authorized officers this 5th day of
March, 2001.


                                             /s/ Thomas A. Renyi
                                             -------------------
ATTEST:

/s/ Patricia A. Bicket
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Assistant Secretary