2 CRR-NY 152.20NY-CRR
2 CRR-NY 152.20
2 CRR-NY 152.20
152.20 Reports.
(a) On or before September 30th of each year, the administrator shall provide to each sponsor a report which shall include, but not be limited to, the following information for the sponsor for the preceding calendar year:
(1) the total value of program assets as of January 1st;
(2) the total amount contributed to the program by the sponsor;
(3) the total amount of trustee expenses charged against program assets;
(4) the total amount of administrative expenses charged against program assets;
(5) the total amount of interest and investment earnings credited to program assets;
(6) the total amount of investment losses charged to program assets;
(7) the total amount of distributions;
(8) the total value of program assets as of December 31st;
(9) the actuarially determined normal cost and prior service cost for the preceding calendar which is payable by the sponsor in the current calendar year;
(10) the administration costs payable in the current calendar year;
(11) the names of persons paid service awards during the preceding calendar year as well as the amount paid to each person during such year;
(12) the names and earned service credit of all persons who were participants in the program, including those in pay status or pending pay status, as of December 31st of such preceding calendar year along with a statement setting forth of each person's status in the program as of such date;
(13) the names of the active volunteer ambulance workers who were not participants as of December 31st of such preceding calendar year; and
(14) the projected annual program costs for each year within the five calendar year period next following the current calendar year.
(b) On or before September 30th of each year, the administrator shall provide to each ambulance company, and immediately thereafter each ambulance company shall provide to each participant who is a member of the company, a confidential statement for the preceding calendar year which shall include, but shall not be limited to, the following information for the participant:
(1) name;
(2) address;
(3) social security number;
(4) date of birth;
(5) number of years of ambulance service credited as of December 31st;
(6) the amount of any death or disability benefit payable as of December 31st to the participant or the participant's beneficiary;
(7) whether the participant had a nonforfeitable right to a service award as of December 31st;
(8) a statement as to the number of years of ambulance service required for the participant to acquire a nonforfeitable right to a service award.
(9) name(s) of the beneficiaries designated by the participant;
(10) a description of the sponsor report;
(11) the name and address of the person to whom the sponsor report was mailed from whom they may obtain a copy of such report;
(12) the name of the person in the ambulance company who submitted information about the participant to the administrator;
(13) the procedure for correcting information shown on the statement.
2 CRR-NY 152.20
Current through August 31, 2022
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.