Current through Register Vol. 46, No. 12, March 20, 2024
(a) Cost estimates. Upon the request of the
governing body of any authority, corporation, district, agency, subdivision or
organization eligible to become a participating employer pursuant to section
163 of the Civil Service Law, accompanied by
a certificate of the chairman or other presiding officer thereof certifying as
to the number of its employees and/or retired employees who would be eligible
to participate in the plan, the President of the Civil Service Commission shall
provide an estimate of the costs, including assessments for administrative
expenses, based on current and anticipated charges at the time of the estimate,
which would have to be paid by such authority, corporation, district, agency,
subdivision or organization on account of the coverage of its employees and/or
retired employees in the plan.
(b)
Application for inclusion.
(1) Any such
authority, corporation, district, agency, subdivision or organization may apply
for the inclusion of its employees in the plan by submitting to the president
the following: a certified copy of a resolution of its governing body electing
such inclusion, duly adopted pursuant to subdivision 4 of section
163 of the Civil Service Law, which
resolution shall be in a form approved by the president, and an appropriate
certificate of the clerk, or if there be no clerk, the chairman or other
presiding officer of such governing body certifying that a specified sum or
sums of money have been appropriated for the purpose of paying the employer's
contributions and expenses on account of the coverage of such employees and
their dependents in the plan.
(2)
Prior retirees of such authority, corporation, district, agency, subdivision or
organization may also be included in such application, or separate application
with respect to such prior retirees may be made at another time thereafter in
the same manner.
(3) The president
may request such further data, certificates or information in connection with
any such application as he may deem necessary or desirable.
(4) No such application shall be approved
unless it appears to the satisfaction of the president that sufficient sums
have been appropriated to reasonably assure the availability of monies for the
payment of anticipated employer's costs, including assessments for
administrative expenses until the end of the employer's eligible fiscal year in
which the expected effective date of the extension of the plan to such
employees or prior retirees occurs.
