State Codes and Statutes

Statutes > New-york > Rss > Article-14 > 518

§  518.  Election  of coverage under article. a. Except as provided in  subdivision c hereof, a member of a  public  retirement  system  of  the  state on June thirtieth, nineteen hundred seventy-six who is not subject  to  the provisions of article eleven of this chapter may elect to become  subject to this article by submitting such election on  or  before  June  first,  nineteen  hundred  seventy-eight. An election hereunder shall be  made in  the  form  and  manner  prescribed  in  rules  and  regulations  promulgated  by  the  head of the retirement system to which such member  belongs at the time of election.  Such  election  shall  be  irrevocable  thirty  days  after  it  is  received  by the system involved. Provided,  however, that an election may not be made by any  employee  who  is  not  employed   by  a  participating  employer,  or  who  is  employed  by  a  participating employer  described  in  subdivision  c  of  section  five  hundred of this article.    b.  Contributions  made  by  a member prior to an election pursuant to  subdivision a of  this  section,  together  with  any  interest  thereon  through  the  date  of  election, shall thereafter become subject to the  provisions of section five hundred seventeen of this article.    c. On and after the date on which  this  act  shall  take  effect,  no  member  of a public retirement system of the state shall elect to become  subject to this article.

State Codes and Statutes

Statutes > New-york > Rss > Article-14 > 518

§  518.  Election  of coverage under article. a. Except as provided in  subdivision c hereof, a member of a  public  retirement  system  of  the  state on June thirtieth, nineteen hundred seventy-six who is not subject  to  the provisions of article eleven of this chapter may elect to become  subject to this article by submitting such election on  or  before  June  first,  nineteen  hundred  seventy-eight. An election hereunder shall be  made in  the  form  and  manner  prescribed  in  rules  and  regulations  promulgated  by  the  head of the retirement system to which such member  belongs at the time of election.  Such  election  shall  be  irrevocable  thirty  days  after  it  is  received  by the system involved. Provided,  however, that an election may not be made by any  employee  who  is  not  employed   by  a  participating  employer,  or  who  is  employed  by  a  participating employer  described  in  subdivision  c  of  section  five  hundred of this article.    b.  Contributions  made  by  a member prior to an election pursuant to  subdivision a of  this  section,  together  with  any  interest  thereon  through  the  date  of  election, shall thereafter become subject to the  provisions of section five hundred seventeen of this article.    c. On and after the date on which  this  act  shall  take  effect,  no  member  of a public retirement system of the state shall elect to become  subject to this article.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Rss > Article-14 > 518

§  518.  Election  of coverage under article. a. Except as provided in  subdivision c hereof, a member of a  public  retirement  system  of  the  state on June thirtieth, nineteen hundred seventy-six who is not subject  to  the provisions of article eleven of this chapter may elect to become  subject to this article by submitting such election on  or  before  June  first,  nineteen  hundred  seventy-eight. An election hereunder shall be  made in  the  form  and  manner  prescribed  in  rules  and  regulations  promulgated  by  the  head of the retirement system to which such member  belongs at the time of election.  Such  election  shall  be  irrevocable  thirty  days  after  it  is  received  by the system involved. Provided,  however, that an election may not be made by any  employee  who  is  not  employed   by  a  participating  employer,  or  who  is  employed  by  a  participating employer  described  in  subdivision  c  of  section  five  hundred of this article.    b.  Contributions  made  by  a member prior to an election pursuant to  subdivision a of  this  section,  together  with  any  interest  thereon  through  the  date  of  election, shall thereafter become subject to the  provisions of section five hundred seventeen of this article.    c. On and after the date on which  this  act  shall  take  effect,  no  member  of a public retirement system of the state shall elect to become  subject to this article.