New York Insurance Law Article 46 - RETIREMENT SYSTEMS

  • 4601 - Definitions.
    In this article: (a) "Employees" means the employees, officers, and agents of any person, firm or corporation or of one or more corporations having business...
  • 4602 - Creation of Retirement Systems.
    (a) The employees, an employer, or the employees and employer jointly, may create a retirement system by filing in the office of the superintendent a...
  • 4603 - Benefits.
    (a) A system providing retirement benefits by agreement with an employer may also provide in the same agreement for withdrawal equities and benefits on account...
  • 4604 - Contributions.
    (a) The participating employees, or the employer, or both may contribute to the funds of the system and the rates of contribution shall be fixed...
  • 4605 - Reinsurance.
    (a) All or any part of the pension benefits of a system may be reinsured in an insurance company authorized to insure such risks in...
  • 4606 - Reserves.
    (a) A system shall, except to the extent that its benefits are reinsured by an insurance company authorized to transact such business in this state,...
  • 4607 - Exemption From Taxation; Trusts; Higher Education Loans.
    (a) The property of a system, the portion of wages or salary of an employee deducted or to be deducted, the right of an employee...
  • 4608 - Application.
    (a) Every system organized or created under this chapter shall be subject to the provisions of this article, to subsection (g) of section one thousand...

Last modified: February 3, 2019