2 CRR-NY 357.3NY-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 357. SERVICE CREDIT FOR TIER 3 AND 4 MEMBERS OF THE NEW YORK STATE AND LOCAL EMPLOYEES' RETIREMENT SYSTEM WHO ARE RECEIVING WORKERS' COMPENSATION BENEFITS FOR INJURIES SUSTAINED IN EMPLOYMENT WITH THE STATE
2 CRR-NY 357.3
2 CRR-NY 357.3
357.3 Payment of member contributions by members who do not receive supplements.
A member who is not entitled to receive a workers' compensation supplement for periods during which such member is out of service and receiving workers' compensation benefits, but who is statutorily entitled to receive service credit for all or a portion of the period he or she is out of service and receiving such benefits, shall pay the contributions required in connection for such credit, plus applicable interest, by means of payroll deduction after returning to the employee payroll. Repayment shall be at a rate sufficient to complete payment in a period of time equal to the period being credited in connection with such payment of contributions. In the event that complete repayment is not made prior to commencement of retirement system benefit payments, the amount of outstanding contributions, plus interest, shall be deducted from the initial payment of such retirement system benefits, until all repayment is completed.
2 CRR-NY 357.3
Current through February 28, 2022
End of Document

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.