New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 2. Department of Audit and Control |
Chapter VI. New York State and Local Employees' Retirement System and New York State and Local Police and Fire Retirement System |
Part 381. Article 22--Membership Contributions and Withdrawals |
Sec. 381.3. Withdrawal and refund of CO-ESC contributions
Latest version.
- In the event of termination of employment other than as a result of transfer to another public employer, a member participating in the retirement plan provided for in article 22 of the Retirement and Social Security Law, who is not vested or entitled to any other benefit under article 22, may withdraw his CO-ESC contributions and terminate his membership in the New York State and Local Police and Fire Retirement System by filing a form prescribed by the retirement system for this purpose. Such a request may be made after the member has been separated from service for at least 15 days. The retirement system shall thereupon refund the CO-ESC contributions.