A7644 — Extends for two fiscal years the current 7% per annum statutory rate of interest used in valuing retirement system liabilities for the purpose of computing the amount of employer contributions

A7644 — Extends for two fiscal years the current 7% per annum statutory rate of interest used in valuing retirement system liabilities for the purpose of computing the amount of employer contributions · Informed CitizenryThis bill amends the administrative code of the city of New York to extend the 7% per annum statutory rate of interest used in the actuarial valuation of liabilities for calculating employer contri…Open in Informed Citizenry