N.Y. Comp. Codes R. & Regs. tit. 2 § 326.7

Current through Register Vol. 46, No. 53, December 31, 2024
Section 326.7 - Restoration of credit for previous service

Membership in the New York State Employees' Retirement System shall cease upon withdrawal of contributions pursuant to these regulations. A former member who thereafter returns to public service shall not receive any credit for previous service to which such withdrawn and refunded contributions applied unless and until such former member applies for such credit and repays the entire amount withdrawn and refunded, together with interest through the date of repayment at the rate of five percent per annum.

N.Y. Comp. Codes R. & Regs. Tit. 2 § 326.7