N.Y. Private Housing Finance Law § 664: Employees of the corporation

§ 664. Employees of the corporation. 1. Notwithstanding any

inconsistent provisions of this act, the appointment and promotion of

all employees of and for the corporation shall be made in accordance

with the provisions of the civil service law and the rules of the city

civil service commission and the compensation for such employees shall

be fixed by the corporation.

2. The city and the corporation shall have the power to provide for

the transfer to the corporation of agents, employees and facilities of

the city to enable the corporation to fulfill its corporate purposes.

Employees of the city to be transferred to the corporation pursuant to

this article shall be eligible for such use in offices and positions of

the corporation without further examination, and all such employees who

have been appointed to positions in city service in accordance with the

provisions of the civil service law under the rules of the city civil

service commission shall have the same status with respect thereto in

the service of the corporation as they had in city service. Employees

who are members or beneficiaries of any existing pension or retirement

system shall continue to have such rights, privileges, obligations or

status with respect to such system or systems as are prescribed by law

on the date this article takes effect, and all such employees who have

been appointed to positions in city service in accordance with the

provisions of the civil service law under the rules of the city civil

service commission shall have the same status with respect thereto in

the service of the corporation as they had in city service.

3. The predecessor corporation, as defined in subdivision one of

section six hundred fifty-four-d of this article and the corporation

shall have the power to provide for the transfer to the corporation of

agents, employees and facilities of the predecessor corporation to

enable the corporation to assist the subsidiary corporation in

fulfilling its corporate purposes. Employees of the predecessor

corporation to be transferred to the corporation pursuant to this

article shall be eligible for such use in offices and positions of the

corporation without further examination, and all such employees who have

been appointed to positions in predecessor corporation service in

accordance with the provisions of the civil service law under the rules

of the city civil service commission shall have the same status with

respect thereto in the service of the corporation as they had in

predecessor corporation service. Employees who are members or

beneficiaries of any existing pension or retirement system shall

continue to have such rights, privileges, obligations or status with

respect to such system or systems as are prescribed by law on the date

this subdivision takes effect, and all such employees who have been

appointed to positions in predecessor corporation service in accordance

with the provisions of the civil service law under the rules of the city

civil service commission shall have the same status with respect thereto

in the service of the corporation as they had in predecessor corporation

service.