Legal Opinion
In Re Dennis & Gail Ann Villarie, Debtors. New York City Employees' Retirement System v. Dennis Villarie
Court of Appeals for the Second Circuit
Decided May 14, 1981No. 1340, Docket 81-5001PublishedCited by 59 opinions
1Per curiam
A member of the New York City Employees’ Retirement System (NYCERS or the Retirement System) contributes to his annuity savings fund by authorizing NYCERS to deduct an actuarially determined amount from his weekly paycheck. Membership in this organization entitles a City employee to obtain a loan from the Retirement System, but the amount of the allowance cannot exceed fifty percent of the employee’s previous contributions to the fund. In effect, this disbursement is an advance against the member’s future retirement benefits. Nonetheless, the New York City Administrative Code requires a…
2Cases cited1 opinion
- Board of Assessors of the Parish v. New York Life InsuranceSupreme Court of the United States · 1910
3Cited by59 opinions
- United States v. LTV Corp. (In re Chateaugay Corp.)Court of Appeals for the Second Circuit · 1991
- 32 Collier bankr.cas.2d 38, Bankr. L. Rep. P 77,567 in Re Salvatore J. Mazzeo, Debtor. Salvatore J. Mazzeo v. United States of America and New York State, New York State Department of Taxation and Finance, Creditor, Marianne De Rosa, TrusteeCourt of Appeals for the Second Circuit · 1997
- Egebjerg v. AndersonCourt of Appeals for the Ninth Circuit · 2009
- Thompson v. Board of Trustees (In Re Thompson)United States Bankruptcy Court, E.D. Virginia · 1995
- In Re RodriguezCourt of Appeals for the Third Circuit · 2010
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