N.Y. Retirement & Social Security Law Section 79
Cafeteria plans


To the extent permitted by section one hundred twenty-five of the internal revenue code and any regulations adopted pursuant thereto, any salary reduction elected by an employee who is a participant in either the New York state employees’ retirement system or the New York state teachers’ retirement system under a cafeteria plan or flexible benefit plan shall be considered part of annual compensation for the purpose of computing employer and employee retirement plan contributions and for computing retirement benefits.

Source: Section 79 — Cafeteria plans, https://www.­nysenate.­gov/legislation/laws/RSS/79 (updated Sep. 22, 2014; accessed Jul. 6, 2024).

Accessed:
Jul. 6, 2024

Last modified:
Sep. 22, 2014

§ 79’s source at nysenate​.gov

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