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This entry was published on 2014-09-22
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SECTION 2575-B
Transfer of attendance teachers and specially certificated attendance officers to the New York City teachers' retirement system
Education (EDN) CHAPTER 16, TITLE 2, ARTICLE 52
§ 2575-b. Transfer of attendance teachers and specially certificated
attendance officers to the New York City teachers' retirement system.
Any attendance teacher or specially certificated attendance officer who
is a member of the board of education retirement system of the City of
New York shall have the right to transfer his membership to the
teachers' retirement system of the City of New York. In order to effect
such transfer, such member must given notice to the board of education
retirement system of the City of New York, on or before December
thirty-first, nineteen hundred sixty-nine, of his intention to transfer
to the said teachers' retirement system. Upon receipt of such notice,
the board of education retirement system shall transfer to such
teachers' retirement system the reserves, including the reserve for
increased take-home pay, on such member's benefits in the manner
provided by section forty-three of the retirement and social security
law. The former system shall also transfer to the latter system the
member's accumulated deductions which shall become such member's
accumulated deductions in the latter system. A person so transferring
shall be deemed to have been a member of the system to which he has
transferred during the entire period of membership service credited to
him in the system from which he has transferred. Such transferee shall
be entitled to all the rights, privileges and benefits of the system to
which he has transferred. Upon his retirement, the mortality table in
effect in the teachers' retirement system of the City of New York on the
date when he last became a member of the board of education retirement
system shall apply.