New York Codes, Rules and Regulations
Title 4 - DEPARTMENT OF CIVIL SERVICE
Chapter V - Regulations Of The Department Of Civil Service (president's Regulations)
Part 75 - Managerial/confidential Group Term Life Insurance Plan
Section 75.6 - Application for inclusion in the plan

Universal Citation: 4 NY Comp Codes Rules and Regs ยง 75.6

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 accompanied by a certificate of the chairman or other presiding officer thereof certifying as to the number of its employees who would be eligible to participate in the plan, the president 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 their dependents 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, 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 of money has been appropriated for the purpose of paying the participating employer's expenses on account of the coverage of such employees and their dependents in the plan.

(2) The president may request such further data, certificates or information in connection with any such application as he may deem necessary or desirable.

(3) 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 participating employer's costs.

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