N.Y. Retirement & Social Security Law Section 700
Election of the provisions of article fourteen by certain members

a.

This section shall apply to a member of the New York state and local employees’ retirement system who is in a title defined in subdivision i of § 89 (Retirement of members in the uniformed personnel in institutions under the jurisdiction of the department of corrections and community su...)section eighty-nine of this chapter, which title was added to such section on or after January first, nineteen hundred eighty-seven and who joined or rejoined such system on or after July first, nineteen hundred seventy-six.

b.

A member may, by filing an election as specified in subdivision c of this section, elect to be subject to article 14 (Coordinated-escalator Retirement Plan)article fourteen of this chapter in its entirety and subject to none of the provisions of article 15 (Coordinated Retirement Plan)article fifteen of this chapter.

c.

Such election shall be in writing, shall be duly executed and filed with the comptroller and shall be irrevocable as long as such member is in a title defined in subdivision i of § 89 (Retirement of members in the uniformed personnel in institutions under the jurisdiction of the department of corrections and community su...)section eighty-nine of this chapter. The election shall be filed on or before December thirty-first, nineteen hundred eighty-nine or within one year after such person becomes employed in such title, whichever date is later.

Source: Section 700 — Election of the provisions of article fourteen by certain members, https://www.­nysenate.­gov/legislation/laws/RSS/700 (updated Sep. 22, 2014; accessed Dec. 21, 2024).

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Accessed:
Dec. 21, 2024

Last modified:
Sep. 22, 2014

§ 700’s source at nysenate​.gov

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