Section 1048-N. Transfer of officers and employees to and from city and state agencies

Officers and employees of city and state agencies may be  transferred to the authority and officers and employees of the authority
  may be transferred  to  appropriate  city  and  state  agencies  without
  examination  and  without loss of any civil service or retirement status
  or rights. Transfers shall be in accordance with section seventy of  the
  civil  service  law  or the rules of the civil service commission of the
  city, as the case may be. No such transfer shall be made except with the
  approval of the head of the agency involved or the director of the state
  division of the budget or the director of the budget of the city, as the
  case may be, and the chairman of the authority and  in  compliance  with
  the rules and regulations of the civil service commission of the city or
  the state, as the case may be.