S8361 — Extends for four 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

S8361 — Extends for four 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 current statutory interest rates used for the actuarial valuation of liabilities for several city retirement systems,…Open in Informed Citizenry