New York Laws
Article 43 - New York State Secure Choice Savings Program
1308 - Benefits.

ยง 1308. Benefits. Interest, investment earnings, and investment losses
shall be allocated to individual program accounts as authorized by the
board pursuant to this article. An individual's retirement savings
benefit under the program shall be an amount equal to the balance in the
individual's program account on the date the retirement savings benefit
becomes payable. The state shall have no liability for the payment of
any benefit to any enrollee in the program.