N.Y. GBS Law § 1301
This is the official text of N.Y. GBS Law § 1301, part of New York’s GBS Law — part of the compiled statutory law of New York, published by the state as "GBS Law." Browse the sections below, each linked to its official government source.
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Program established
Official statutory text
§ 1301. Program established. There is hereby established a retirement\nsavings program in the form of an automatic enrollment payroll deduction\nIRA, known as the New York state secure choice savings program. The\ngeneral administration and responsibility for the proper operation of\nthe program shall be administered by the board for the purpose of\npromoting greater retirement savings for private-sector employees in a\nconvenient, low-cost, and portable manner. The board may delegate such\nauthority and responsibility for the development and implementation of\nthe program to the department of taxation and finance as the board deems\nproper.\n
Status: in_force · Read it on the official government site
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