N.Y. Comp. Codes R. & Regs. tit. 4 § 73.6

Current through Register Vol. 46, No. 51, December 18, 2024

Section 73.6 - Application for inclusion in the plan

(a) Cost estimates. Upon the request of the governing body of any authority, corporation, district, agency, subdivision or organization eligible to become a participating employer pursuant to section 163 of the Civil Service Law, accompanied by a certificate of the chairman or other presiding officer thereof certifying as to the number of its employees and/or retired employees who would be eligible to participate in the plan, the President of the Civil Service Commission shall provide an estimate of the costs, including assessments for administrative expenses, based on current and anticipated charges at the time of the estimate, which would have to be paid by such authority, corporation, district, agency, subdivision or organization on account of the coverage of its employees and/or retired employees in the plan.

(b) Application for inclusion.

(1) Any such authority, corporation, district, agency, subdivision or organization may apply for the inclusion of its employees in the plan by submitting to the president the following: a certified copy of a resolution of its governing body electing such inclusion, duly adopted pursuant to subdivision 4 of section 163 of the Civil Service Law, which resolution shall be in a form approved by the president, and an appropriate certificate of the clerk, or if there be no clerk, the chairman or other presiding officer of such governing body certifying that a specified sum or sums of money have been appropriated for the purpose of paying the employer's contributions and expenses on account of the coverage of such employees and their dependents in the plan.

(2) Prior retirees of such authority, corporation, district, agency, subdivision or organization may also be included in such application, or separate application with respect to such prior retirees may be made at another time thereafter in the same manner.

(3) The president may request such further data, certificates or information in connection with any such application as he may deem necessary or desirable.

(4) No such application shall be approved unless it appears to the satisfaction of the president that sufficient sums have been appropriated to reasonably assure the availability of monies for the payment of anticipated employer's costs, including assessments for administrative expenses until the end of the employer's eligible fiscal year in which the expected effective date of the extension of the plan to such employees or prior retirees occurs.

N.Y. Comp. Codes R. & Regs. Tit. 4 § 73.6