N.Y. Education Law § 2575-f: Transfer of employees represented by the united federation of teachers to the New York city teachers' retirement system

§ 2575-f. Transfer of employees represented by the united federation

of teachers to the New York city teachers' retirement system. Any

employee represented by the united federation of teachers who is a

member of the New York city board of education retirement system shall

have the right to transfer their membership to the teachers' retirement

system of the City of New York. To affect such a transfer, a member must

give notice to the New York city board of education retirement system,

within one year of such member becoming eligible for membership in the

said teachers' retirement system, of such member's intention to transfer

to the said teachers' retirement system. Membership in the united

federation of teachers is not required to be covered under this section.

Upon receipt of such notice, the New York city board of education system

shall transfer to such teachers' retirement system the reserve on such

members' benefits in the manner provided by subdivisions c and d of

section forty-three of the retirement and social security law and

notwithstanding subdivision l of such section. The former system shall

also transfer to the latter system the member's contributions, which

shall become such member's contributions in the latter system. A person

so transferring shall be deemed to have been a member of the system to

which such member has transferred during the entire period of membership

service credited to such member in the system from which such member has

transferred. Such transferee shall be entitled to all the rights,

privileges and benefits of the system to which they have transferred.