Statutes, codes, and regulations
New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROLChapter VI - New York State and Local Employees' Retirement System and New York State and Local Police and Fire Retirement System
Part 300 - Interest Rates for New York State and Local Employees' Retirement System and New York State and Local Police and Fire Retirement System
Section 300.2 - Rate of special interest

N.Y. Comp. Codes R. & Regs. tit. 2 § 300.2

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Current through Register Vol. 46, No. 50, December 11, 2024
Section 300.2 - Rate of special interest

The rate of special interest to be credited to the individual annuity savings accounts of persons who are members of the New York State and Local Employees' Retirement System or New York State and Local Police and Fire Retirement System as of the close of each fiscal year, is as follows:

(a) for members earning regular interest of three per centum, pursuant to section 2 (26)(b) of the Retirement and Social Security Law, two per centum;
(b) for members earning regular interest of four per centum, pursuant to section 2 (26)(b) of the Retirement and Social Security Law, one per centum.

N.Y. Comp. Codes R. & Regs. Tit. 2 § 300.2

Amended, New York State Register January 29, 2014/Volume XXXVI, Issue 4, eff. 1/29/2014