Statutes, codes, and regulations
New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROLChapter VI - New York State and Local Employees' Retirement System and New York State and Local Police and Fire Retirement System
Part 303 - Extension Of Time For Payment Of Deficiency Contributions
Section 303.1 - Additional liability under 55 year retirement plan

N.Y. Comp. Codes R. & Regs. tit. 2 § 303.1

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Current through Register Vol. 46, No. 36, September 4, 2024
Section 303.1 - Additional liability under 55 year retirement plan

The additional liability on account of past member service and prior service of members of the system shall be liquidated by extending the period over which the deficiency contributions would otherwise be payable, and to continue until such liability shall have been fully paid as certified by the chief actuary of the system.

N.Y. Comp. Codes R. & Regs. Tit. 2 § 303.1