2013 New York Consolidated Laws
RSS - Retirement & Social Security
Article 3 - (130 - 147) FEDERAL OLD-AGE AND SURVIVORS INSURANCE COVERAGE FOR CERTAIN PUBLIC EMPLOYEES
137 - Termination of agreements with political subdivisions.


NY Ret & SS L § 137 (2012) What's This?
 
    § 137. Termination of agreements with political subdivisions.  1. Upon
  the  failure  of  any political subdivision to comply substantially with
  any provision  of  its  agreement  or  any  modification  thereof,  this
  article,  or  the  regulations  of  the  director, such agreement may be
  terminated by the  director,  consistent  with  the  provisions  of  the
  federal  social  security  act.  No  such termination, except where such
  termination has been made by the federal secretary, shall be made by the
  director until after a public hearing upon not  less  than  sixty  days'
  written notice to the political subdivision.
    2.  Any political subdivision, upon giving such advance written notice
  as shall be required in its agreement, may terminate the agreement,  but
  such  termination  shall take effect only after the agreement shall have
  been in effect for a period of at least seven  years  and  after  notice
  shall have been given to the federal secretary.
    3.  If  any  agreement is terminated, either by the director or by the
  political subdivision, such political subdivision may not  again  submit
  an agreement pursuant to this article.

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