Statute · New York Retirement & Social Security Law
N.Y. Retire. & Soc. Sec. Law § 79 — Cafeteria plans
N.Y. Retire. & Soc. Sec. Law § 79
- Type
- Statute
- Source
- New York Retirement & Social Security Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 79. Cafeteria plans. To the extent permitted by section one hundred twenty-five of the internal revenue code and any regulations adopted pursuant thereto, any salary reduction elected by an employee who is a participant in either the New York state employees' retirement system or the New York…
Citator
N.Y. Retire. & Soc. Sec. Law § 79 — Cafeteria plans is in force in the current edition of the Code, and nothing recorded condemns it.
§ 79. Cafeteria plans. To the extent permitted by section one hundred twenty-five of the internal revenue code and any regulations adopted pursuant thereto, any salary reduction elected by an employee who is a participant in either the New York state employees' retirement system or the New York state teachers' retirement system under a cafeteria plan or flexible benefit plan shall be considered part of annual compensation for the purpose of computing employer and employee retirement plan contributions and for computing retirement benefits.