Calculating contributions to NYCERS.

State Legislation Resolution requesting the New York State Legislature to pass bills introduced by the Senate Committee on Rules, S.5672, and Assembly Member Abbate, A.8811, “AN ACT to amend the administrative code of the city of New York, in relation to the rate of regular interest used in the actuarial valuation of liabilities for the purpose of calculating contributions to the New York city employees’ retirement system, the New York city teachers’ retirement system, the police pension fund, subchapter two, the fire department pension fund, subchapter two and the board of education retirement system of such city by public employers and other obligors required to make employer contributions to such retirement systems, and the crediting of special interest and additional interest to members of such retirement systems, and the allowance of supplementary interest on the funds of such retirement systems”.