2006 New York Code - Credit For Service Of Certain Members.



 
    §  13-117  Credit  for service of certain members. Notwithstanding any
  provisions of section 13-107 of this chapter to the contrary any  member
  whose  name  was  or is placed on a preferred eligible list by reason of
  the abolition of his or her  position  in  the  New  York  city  transit
  authority  due  to  the  sale of city owned transit power plants who has
  continued to be employed by the purchaser of  such  power  plants  until
  reemployed  as  hereinafter provided and who within the period that such
  preferred list remains in effect, accepts employment from said preferred
  list with the city of New York, the New York city transit authority, the
  New York city housing authority or  the  triborough  bridge  and  tunnel
  authority,  shall be allowed to contribute to the retirement system, the
  amount with interest he or she would have contributed had  such  service
  with  the  purchaser been city service and upon making such contribution
  such service shall be credited as though it were city  service  for  all
  purposes.
    The New York city transit authority shall pay the employer cost of the
  benefits  provided  herein  only  with  respect  to  such persons as are
  reemployed by the authority. For persons employed  from  such  preferred
  eligible  lists  by  the  city  of  New  York, the New York city housing
  authority or the triborough bridge and  tunnel  authority  the  employer
  costs  of  the benefits provided herein shall be paid by the city of New
  York.

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