16 CRR-NY 197.11NY-CRR
16 CRR-NY 197.11
16 CRR-NY 197.11
197.11 Employer pensions and benefits.
(a) All cost of employee pensions and benefits, whether such costs represent pensions payable currently to retired employees or their beneficiaries, advance provision for future payments, or both, are includible in the charges of each accounting period. A utility may distribute to construction and retirement projects and to clearing and other accounts an applicable portion of the pension and benefits costs.
(b) Costs of accident and health insurance, hospital and surgical insurance, disability and lump sum separation allowances, and similar employee benefits, together with costs of operating educational and recreational facilities are also includible in account 785.1, Employees' Welfare Expenses.
16 CRR-NY 197.11
Current through February 28, 2023
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above 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 Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.