New York Education Law Article 125-A - BOARD OF HIGHER EDUCATION OPTIONAL RETIREMENT PROGRAM

• 6250 - Definitions.
  Wherever used in this article: 1. The term "city university" means the city university of New York under the jurisdiction of the board of higher...
• 6251 - Optional Retirement Program Established.
  1. There is hereby established an optional retirement program which shall provide for the purchase of contracts providing retirement and death benefits for or on...
• 6252 - Rates of Contribution.
  1. Employer contributions. In the case of any electing employee initially appointed on or before June thirtieth, nineteen hundred ninety-two, the city shall, during continuance...
• 6253 - Election.
  1. Election of the optional retirement program. (a) Each eligible employee initially appointed on or after the effective date of the election to offer such...
• 6254 - Social Security.
  Every electing employee shall have old-age, survivors, and disability insurance coverage provided by the federal social security act in accordance with the provisions of article...
• 6255 - City Not Liable for Payment of Benefits.
  Neither the city nor the board shall be a party to any contract purchased in whole or in part with contributions made under the optional...
• 6256 - Inconsistent Provisions of Other Acts Superseded.
  Insofar as the provisions of this article are inconsistent with the provisions of any other act, general or special, the provisions of this article shall...

Last modified: February 3, 2019