31-F*2 - Participation by the Northern Westchester joint water works.

* § 31-f. Participation by the Northern Westchester joint water works.  a. The Northern Westchester joint water works may, by resolution adopted  by  its  board  of  trustees  and  approved by the comptroller, elect to  participate in the retirement system. Acceptance of  its  employees  for  membership   in  the  retirement  system  shall  be  optional  with  the  comptroller, who shall determine the amounts of contribution payable  by  such  system  and  its  employees, shall resolve questions of credit for  prior service,  and  shall  in  all  other  respects  assure  that  such  employees  share  the  same  rights,  obligations  and benefits as other  members of the retirement system.    b. The officers and employees of such water works  shall  be  credited  with  such  periods of prior service as shall be certified by such water  works for service rendered to it, or the state, or in any other capacity  approved by such water works and the comptroller. Service for such water  works after the date  on  which  it  commences  to  participate  in  the  retirement  system  shall be considered as member service. An officer or  employee of such water works who, as  of  the  date  he  or  she  is  so  approved  for  membership  in the retirement system, is already a member  thereof, shall not  have  his  or  her  total  credit  reduced  by  such  approval. Any reserve held on account of any such officer or employee in  the  pension  accumulation  fund  shall be used as an offset against the  deficiency contribution  payable  thereafter  by  such  water  works  on  account of such officer or employee for any prior service credit and any  such previous credit.    * NB There are 2 § 31-f's