317-B - Amortization of a Portion of the Bills for Participating Employers for the Two Thousand Four--Two Thousand Five Fiscal Year.

NY Ret & SS L § 317-B (2019) (N/A)

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(1) the entire February first, two thousand six bill, calculated pursuant to section twenty-three-a of this article (without reference to this section), less the "amount eligible for amortization" determined pursuant to section three hundred seventeen-c of this article, if applicable; and

(2) the first annual installment of the "amount eligible for amortization" determined pursuant to this section. c. The remaining amortized payments shall be due and payable on February first of each year during the amortization period. The comptroller shall have the authority to permit the pre-payment of the remaining balance of the "amount eligible for amortization", subject to the following:

(1) on or before November fifteenth, two thousand four in addition to the amount due for the current year billing, the comptroller shall advise each participating employer of the total amount due and be authorized to accept pre-payment in full of said amount by February first, two thousand five.

(2) on or before each November fifteenth thereafter, in addition to the amount due for the current year billing and for the payment of the annual amortized installment, the comptroller shall advise each participating employer of the total amount still outstanding and be authorized to accept the pre-payment of any balance remaining to be paid by February first of the succeeding year.

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317-A - Amortization of Amounts Outstanding.

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317-C - Amortization of a Portion of the Bills for Participating Employers for the Two Thousand Five--Two Thousand Six Fiscal Year.