§ 333. Election of certain optional retirement benefits by
participating employers. By the adoption, filing and approval, where
required, of a resolution in the manner provided by section three
hundred thirty or section three hundred thirty-one of this article, a
participating employer may elect to provide for its own employees the
benefit provided for persons in the employ of the state listed in
subdivision j of section three hundred forty-one and may elect to
provide the benefits provided for employees of participating employers
in section three hundred sixty-b and section three hundred
seventy-five-i of this article.

Such election may be for a limited period if such limitation is
included in the resolution, upon the expiration of which such election
will be deemed revoked.