§ 2575-f. Transfer of employees represented by the united federation
of teachers to the New York city teachers' retirement system. Any
employee represented by the united federation of teachers who is a
member of the New York city board of education retirement system shall
have the right to transfer their membership to the teachers' retirement
system of the City of New York. To affect such a transfer, a member must
give notice to the New York city board of education retirement system,
within one year of such member becoming eligible for membership in the
said teachers' retirement system, of such member's intention to transfer
to the said teachers' retirement system. Membership in the united
federation of teachers is not required to be covered under this section.
Upon receipt of such notice, the New York city board of education system
shall transfer to such teachers' retirement system the reserve on such
members' benefits in the manner provided by subdivisions c and d of
section forty-three of the retirement and social security law and
notwithstanding subdivision l of such section. The former system shall
also transfer to the latter system the member's contributions, which
shall become such member's contributions in the latter system. A person
so transferring shall be deemed to have been a member of the system to
which such member has transferred during the entire period of membership
service credited to such member in the system from which such member has
transferred. Such transferee shall be entitled to all the rights,
privileges and benefits of the system to which they have transferred.