N.Y. EDN Law § 6255
This is the official text of N.Y. EDN Law § 6255, part of New York’s EDN Law — part of the compiled statutory law of New York, published by the state as "EDN Law." Browse the sections below, each linked to its official government source.
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City not liable for payment of benefits
Official statutory text
§ 6255. City not liable for payment of benefits. Neither the city nor\nthe board shall be a party to any contract purchased in whole or in part\nwith contributions made under the optional retirement program\nestablished and administered pursuant to this article. No retirement,\ndeath, or other benefits shall be payable by the city or by the board\nunder such optional retirement program. Such benefits shall be paid to\nelecting employees or their beneficiaries by the designated insurer or\ninsurers in accordance with the terms of their contracts.\n
Status: in_force · Read it on the official government site
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