Section 616. Transfer of membership  


Latest version.
  • Any  employee  of  the  board of
      education of the city of New York who is a member of the New  York  city
      employees' retirement system may elect to transfer membership to the New
      York city board of education retirement system. Any election pursuant to
      this  section  shall be made no later than the one hundred eightieth day
      next  succeeding  the  date  on  which  the  provisions  hereof   become
      effective,  by  filing  a written notice thereof with the administrative
      head of the New York city employees' retirement system and the New  York
      city board of education retirement system and, once made and filed, such
      election  shall  be  irrevocable.  Where  an  employee  of  the board of
      education becomes a member of the  New  York  city  board  of  education
      retirement  system pursuant to this section the New York city employees'
      retirement system shall make a transfer of reserves, contributions,  and
      credits to the New York city board of education retirement system in the
      manner required by section forty-three of this chapter.
        * NB Expires June 30, 2011