Chapter 41 – Removal of Military Service Location Requirement
Chapter 41 of the Laws of 2016 removes the location requirement for applying to purchase military service credit. Chapter 41 is deemed to have been in full force and effect on May 31, 2016.
Chapter 326 – World Trade Center Filing Deadline Extension
Chapter 326 of the Laws of 2016 extends the deadline to file a Notice of Participation in WTC Rescue, Recovery, or Clean-up Operations to September 11, 2018. Chapter 326 is deemed to have been in full force and effect on and after September 11, 2001.
Chapter 347 – Increase in Special Accidental Death Benefit
Chapter 347 of the Laws of 2016 increases the salary used in the computation of the special accidental death benefit provided under Section 208-f of the NYS General Municipal Law by 3%. The beneficiaries of the following NYCERS members are covered: members of the Uniformed Correction Force, Housing and Transit Police, Emergency Medical Technicians and Triborough Bridge and Tunnel Authority (TBTA) members. The benefit is payable to the widow, widower, or the children of the deceased (under 18 years of age or under 23 if the child is a student) if the widow or widower is deceased. Chapter 347 is deemed to have been in full force and effect on September 29, 2016.
Chapter 428 – Transit Managers Refund of Additional Member Contributions
Chapter 428 of the Laws of 2016 amends Retirement and Social Security Law Sections 604-c and 604-d relating to refunding contributions for NYC Transit Authority members in the title Transit Manager. Specifically, this law provides certain NYC Transit Authority NYCERS members who were employed as Transit Managers as of October 1, 2006 a refund of the employee portion of Additional Member Contributions that were paid while participants of one of the Chapter 96/1995 Retirement Programs (55/25 and 57/5). This law is effective November 14, 2016.
Chapter 438 – Elimination of Restrictions on Transfer
Chapter 438 of the Laws of 2016 amends Retirement and Social Security Law Section 43 to eliminate restrictions upon transferring between public retirement systems. This law is effective November 14, 2016.