N.Y. Comp. Codes R. & Regs. tit. 21 § 5027.3

Current through Register Vol. 46, No. 50, December 11, 2024

Section 5027.3 - Indemnification

(a) Solely for the purposes of section 18 of the Public Officers Law, members of the Investment Advisory Committee and Real Estate Advisory Committee are determined to be employees of the system within the meaning of subdivision (1)(b) thereof.

(b) The members of the Investment Advisory Committee and Real Estate Advisory Committee shall be entitled to the benefits of section 18 of the Public Officers Law and the system shall be liable for the costs incurred as provided in such section.

(c) The benefits provided to committee members under section 18 of the Public Officers Law shall supplement and be available in addition to defense or indemnification protection conferred by any other law.

N.Y. Comp. Codes R. & Regs. Tit. 21 § 5027.3