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