2015 New York Laws
RSS - Retirement & Social Security
Article 3 - (Retirement & Social Security) FEDERAL OLD-AGE AND SURVIVORS INSURANCE COVERAGE FOR CERTAIN PUBLIC EMPLOYEES
140 - Recovery of delinquent payments.

  140.  Recovery  of delinquent payments.  Amounts due from political
  subdivisions under sections one hundred  thirty-eight  and  one  hundred
  thirty-nine  of  this  chapter and which are unpaid after the final date
  for their payment, may, at the request of the director and after written
  notice to  the  fiscal  officer  of  the  political  subdivision  liable
  therefor,  be  deducted,  with  interest, from any moneys payable by the
  state to such political subdivision, or such delinquent payments may  be
  recovered,  with  interest,  by an action as upon contract in a court of
  competent jurisdiction against such political subdivision. If the amount
  due  from  the  political  subdivision,  with   interest   thereon,   is
  unascertainable  because  of the failure of such subdivision to file one
  or more reports, any  or  all  moneys  payable  by  the  state  to  such
  subdivision  may  be withheld until such report or reports are filed and
  the amount due,  with  interest,  is  paid  directly  by  the  political
  subdivision  or  as  provided  above.  In  the case of amounts due under
  sections one  hundred  thirty-four,  one  hundred  thirty-five  and  one
  hundred thirty-eight of this chapter, such interest shall be computed at
  the rate established by the Federal Social Security Act. Such rate shall
  be  applied  on  a  per-diem  basis based on the number of days from the
  final due date established  for  such  payment  by  the  Federal  Social
  Security  Act through and inclusive of the date such payment is credited
  to the account of the Secretary of the Treasury of the United States. In
  the case of amounts due under section one hundred  thirty-nine  of  this
  chapter,  interest  shall be computed from the first day after the final
  date for payment at the rate of four per centum per annum.