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This entry was published on 2014-09-22
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SECTION 664
Employees of the corporation
Private Housing Finance (PVH) CHAPTER 44-B, ARTICLE 12
§ 664. Employees of the corporation. 1. Notwithstanding any
inconsistent provisions of this act, the appointment and promotion of
all employees of and for the corporation shall be made in accordance
with the provisions of the civil service law and the rules of the city
civil service commission and the compensation for such employees shall
be fixed by the corporation.

2. The city and the corporation shall have the power to provide for
the transfer to the corporation of agents, employees and facilities of
the city to enable the corporation to fulfill its corporate purposes.
Employees of the city to be transferred to the corporation pursuant to
this article shall be eligible for such use in offices and positions of
the corporation without further examination, and all such employees who
have been appointed to positions in city service in accordance with the
provisions of the civil service law under the rules of the city civil
service commission shall have the same status with respect thereto in
the service of the corporation as they had in city service. Employees
who are members or beneficiaries of any existing pension or retirement
system shall continue to have such rights, privileges, obligations or
status with respect to such system or systems as are prescribed by law
on the date this article takes effect, and all such employees who have
been appointed to positions in city service in accordance with the
provisions of the civil service law under the rules of the city civil
service commission shall have the same status with respect thereto in
the service of the corporation as they had in city service.

3. The predecessor corporation, as defined in subdivision one of
section six hundred fifty-four-d of this article and the corporation
shall have the power to provide for the transfer to the corporation of
agents, employees and facilities of the predecessor corporation to
enable the corporation to assist the subsidiary corporation in
fulfilling its corporate purposes. Employees of the predecessor
corporation to be transferred to the corporation pursuant to this
article shall be eligible for such use in offices and positions of the
corporation without further examination, and all such employees who have
been appointed to positions in predecessor corporation service in
accordance with the provisions of the civil service law under the rules
of the city civil service commission shall have the same status with
respect thereto in the service of the corporation as they had in
predecessor corporation service. Employees who are members or
beneficiaries of any existing pension or retirement system shall
continue to have such rights, privileges, obligations or status with
respect to such system or systems as are prescribed by law on the date
this subdivision takes effect, and all such employees who have been
appointed to positions in predecessor corporation service in accordance
with the provisions of the civil service law under the rules of the city
civil service commission shall have the same status with respect thereto
in the service of the corporation as they had in predecessor corporation
service.