§ 180. Definitions. Wherever used in this part V of this article: 1. The term “eligible employee” means each employee of the education department who occupies a position which is designated by the commissioner as requiring the rendering of professional services within the field of supervision of higher education, and who, at the time of […]
§ 181. Education department optional retirement program established. 1. There is hereby established an education department optional retirement program which shall provide for the continuation of contracts providing retirement and death benefits for or on behalf of electing employees. Under such program the state and such employees shall contribute, to the extent authorized or required, […]
§ 182. Rates of contribution. 1. Employer contributions. In the case of any electing employee initially appointed on or before June thirtieth, nineteen hundred ninety-two, the state shall, during continuance of his employment, make contributions at the rate of nine percentum of that portion of his state salary upon which contributions are or may hereafter […]
§ 183. Election. 1. Election of the education department optional retirement program. (a) Each eligible employee initially appointed on or after July first, nineteen hundred sixty-eight, shall, within thirty days of his entry into service, elect (i) to join either the New York state teachers’ retirement system or the New York state employees’ retirement system […]
§ 184. Survivor’s benefits. In the case of the death of any electing employee after the effective date of his election and before retirement, the value of the death benefits provided by the contract or contracts continued under the education department optional retirement program which is attributable to the state’s contribution as determined by the […]
§ 185. Social security. Every electing employee shall have old-age, survivors, and disability insurance coverage provided by the federal social security act in accordance with the provisions of article three of the retirement and social security law.
§ 186. State not liable for payment of benefits. Neither the state nor the department shall be a party to any contract continued in whole or in part with contributions made under the education department optional retirement program established and administered pursuant to this part V of this article. No retirement, death or other benefits […]
§ 187. Inconsistent provisions of other acts superseded. Insofar as the provisions of this part V of this article are inconsistent with the provisions of any other act, general or special, the provisions of this article shall be controlling.
