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A10681 Summary:

BILL NOA10681A
 
SAME ASSAME AS S07804
 
SPONSORRules (Abbate)
 
COSPNSR
 
MLTSPNSR
 
Amd NYC Ad Cd, generally; amd S2575, Ed L
 
Relates to the rate of regular interest used in the actuarial valuation of liabilities for the purpose of calculating contributions to the New York city employees' retirement system, the New York city teachers' retirement system, the police pension fund, subchapter two, the fire department pension fund, subchapter two and the board of education retirement system of such city by public employers and other obligors required to make employer contributions to such retirement systems; establishes the entry age actuarial cost method of determining employer contributions to such retirement systems; makes contributions to such retirement systems by such public employers and such other obligors; credits special interest and additional interest to members of such retirement systems; allows interest on the funds of such retirement systems; relates to employer contributions to the board of education retirement system of such city.
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