2 CRR-NY 323.2NY-CRR
STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 2. DEPARTMENT OF AUDIT AND CONTROL
CHAPTER VI. NEW YORK STATE AND LOCAL EMPLOYEES' RETIREMENT SYSTEM AND NEW YORK STATE AND LOCAL POLICE AND FIRE RETIREMENT SYSTEM
PART 323. COMMENCEMENT DATE OF MEMBER CONTRIBUTIONS UNDER ARTICLE 14, THE COORDINATED-ESCALATOR RETIREMENT PLAN
2 CRR-NY 323.2
2 CRR-NY 323.2
323.2 Commencement of contributions.
Since few payrolls begin on January 1, 1977, the effective date of article 14, the commencement of contributions as of that date would present an obstacle to the implementation of the coordinated-escalator retirement plan. Therefore, the contributions required by section 517 shall be deducted beginning with the first full payroll period in 1977 with respect to which payment is made in 1977.
2 CRR-NY 323.2
Current through February 28, 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.