Amending the contribution provisions applicable to certain New York City Employees’ Retirement System (NYCERS) Special Plans subject to Retirement and Social Security Law (RSSL) Articles 14 and 15. (A.10696/ S. 8497)

State Legislation Resolution requesting the New York State Legislature to pass bills introduced by Senator Savino, S.8497, and Assembly Member Abbate, A.10696, “AN ACT to amend the retirement and social security law, in relation to amending the contribution provisions applicable to certain New York City Employees' Retirement System (NYCERS) Special Plans subject to Retirement and Social Security Law (RSSL) Articles 14 and 15 to allow using any excess basic or additional member contributions to offset any deficits in such other contribution account prior to date of retirement”.