N.Y. Comp. Codes R. & Regs. tit. 21 § 5018.5
Current through Register Vol. 46, No. 50, December 11, 2024
The lump sum payment of a de minimus service retirement benefit pursuant to section 537 of the Education Law shall be calculated using the percentage interest rate on 10-year United States treasury obligations as of January 1st of the calendar year of the effective date of retirement truncated to two decimal places.
N.Y. Comp. Codes R. & Regs. Tit. 21 § 5018.5