Just thought of updating minor fixes to kapesoftware‘s answer:
NSDate *pauseStart, *previousFireDate;
-(void) pauseTimer:(NSTimer *)timer {
pauseStart = [[NSDate dateWithTimeIntervalSinceNow:0] retain];
previousFireDate = [[timer fireDate] retain];
[timer setFireDate:[NSDate distantFuture]];
}
-(void) resumeTimer:(NSTimer *)timer {
float pauseTime = -1*[pauseStart timeIntervalSinceNow];
[timer setFireDate:[previousFireDate initWithTimeInterval:pauseTime sinceDate:previousFireDate]];
[pauseStart release];
[previousFireDate release];
}