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This entry was published on 2014-09-22
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SECTION 2575-C
Transfer of the director of attendance, assistant director of attendance, chief attendance officer, division supervising attendance offic...
Education (EDN) CHAPTER 16, TITLE 2, ARTICLE 52
§ 2575-c. Transfer of the director of attendance, assistant director
of attendance, chief attendance officer, division supervising attendance
officers and district supervising attendance officers, supervisors of
school social workers to the New York city teachers' retirement system.
Any director of attendance, assistant director of attendance, chief
attendance officer, division supervising attendance officers, and
district supervising attendance officers, supervisors of school social
workers who are members 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 give notice to the board of
education retirement system of the city of New York, on or before
December thirty-first, nineteen hundred seventy, of his intention to
transfer to 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, or 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.