Prohibits the New York Department of State from dissolving the pension fund for former St. Clare's Hospital employees until an investigation into.
New York Senate bill S01564 prevents the New York Department of State from issuing a certificate of dissolution and filing a judgment or final order of dissolution for the pension fund of former St. Clare's Hospital employees in Schenectady. This prohibition remains in effect until an investigation or audit by the New York State Department of Health, the New York State Attorney General, or the New York State Comptroller has been conducted to determine if there was any impropriety in the handling and management of funds in the pension plan. The bill takes effect immediately.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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