New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROL
Chapter IV - Miscellaneous Rules
Part 154 - State-administered Defined Contribution Service Award Programs For Volunteer Firefighters
Section 154.12 - Reports
Current through Register Vol. 46, No. 12, March 20, 2024
(a) On or before September 30th of each year, the administrator shall provide to each sponsor a report which shall include, but not be limited to, the following information for the preceding calendar year for the sponsor:
(b) On or before September 30th of each year, the administrator shall provide to each volunteer fire company or volunteer fire department, and immediately thereafter each volunteer fire company or volunteer fire department shall provide to each participant who is a member of the volunteer fire company or volunteer fire department, a confidential statement for the preceding calendar year which shall include, but shall not be limited to, the following information for the participant:
(c) Within 30 days of the conversion of a locally-administered defined contribution volunteer firefighter service award program into a State-administered defined contribution volunteer firefighter service award program, the administrator shall provide to each participant a statement of the participant's account balance as of the date on which the State administration commenced.