N.Y. DCD Law § 21-A
This is the official text of N.Y. DCD Law § 21-A, part of New York’s DCD Law — part of the compiled statutory law of New York, published by the state as "DCD Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Company pension plans; deductions from wages trust moneys; preference
Official statutory text
§ 21-a. Company pension plans; deductions from wages trust moneys;\npreference. Moneys contributed from wages or salary by an employee or\nformer employee under any retirement system or plan maintained or\noperated by a domestic corporation, association, co-partnership or\njoint-stock company, together with all accumulations of interest, shall\nbelong to the employee making the contributions and be deemed to be held\nin trust by the employer for the benefit of the employee. In all\ndistribution of assets of such an employer or former employer, whether\ninsolvent or otherwise, the amount so contributed, together with such\naccumulations of interest, shall first be paid to the employee or former\nemployee, his executors, administrators or assigns, before payment of\nunsecured creditors.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.