2006 New York Code - Purchase Of Credit For Past Youth Board Program Service In The Bureau Of Community Education Of The Board Of Education.

 
    §  13-111  Purchase  of credit for past youth board program service in
  the bureau of community education of the board of education. a. For  the
  purposes  of  this section, the term "prior youth board program service"
  shall mean service by a member, prior to the commencement of his or  her
  membership  in  the  retirement  system,  rendered on a per annum salary
  basis in the  bureau  of  community  education--youth  board  recreation
  program  of  the board of education of the city in the position of group
  worker, supervisor of group workers,  registrar  assistant,  teacher  of
  recreation,  center  director, or supervisor of recreation and community
  activities (youth board).
    b. Any member in city-service who:
    (1) rendered prior youth board program service during  the  period  of
  six months prior to August twelfth, nineteen hundred sixty-nine; and
    (2)  is employed on a per annum salary basis during the period wherein
  double contributions are required to be made pursuant  to  this  section
  for the purpose of purchasing credit for service; may purchase credit in
  the  manner  prescribed in subdivision c of this section for prior youth
  board program service.
    c. Any member in city-service who is eligible, under the provisions of
  subdivision b of this section, to purchase service  credit  pursuant  to
  this  section  and  who,  within  six months after May twelfth, nineteen
  hundred seventy, files with the board a duly  executed  application  for
  purchase  of  credit for prior youth board program service and a consent
  to  the  deductions  herein  prescribed,  and  from  whose  compensation
  deductions  shall be made at double his or her normal rate per centum of
  contribution and paid to his or her credit in the annuity savings  fund,
  shall be credited, in addition to any other service creditable to him or
  her,  with a period of prior youth board program service previous to the
  beginning  of  his  or  her  present  membership  equal  to  the  period
  throughout which such double deductions shall be made. After such double
  contributions  for  all  of the first two years claimed or, if the total
  time purchasable exceeds eight years,  after  double  contributions  for
  one-quarter  of  such  time,  unpurchased  credit  for prior youth board
  program service then remaining may be purchased, and thereupon shall  be
  credited, by single payment of the sum of the remaining payments.
    d.  Credit for prior youth board program service purchased pursuant to
  this section shall be used in determining eligibility  for  benefit  and
  the amount of benefit.