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  • SECTION 378-A
    Cost-of-living adjustment
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  • TITLE 9
    General Provisions Relating to Retirement; Retirement Plans Applicable to Members Generally
    • This entry was published on 2014-09-22
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    SECTION 379

    Cafeteria plans

    Retirement & Social Security (RSS) CHAPTER 51-A, ARTICLE 8, TITLE 9

    § 379. Cafeteria plans. To the extent permitted by section one
    hundred twenty-five of the internal revenue code and any regulations
    adopted pursuant thereto, any salary reduction elected by an employee
    who is a participant in the New York state and local police and fire
    retirement system under a cafeteria plan or flexible benefit plan shall
    be considered part of the annual compensation for the purpose of
    computing employer and employee retirement plan contributions and for
    computing retirement benefits.