Section 606 - Personnel administration; pension, retirement and other benefits1. For the purposes of this section, all employees of the New York city off-track betting corporation on or after the effective date of the chapter of the laws of two thousand eight which amended this section shall remain employees of such corporation after such effective date.2. The corporation shall administer its personnel pursuant to the civil service law and the rules and regulations promulgated thereunder, and classification and compensation schedules of the state department of civil service, and all other applicable provisions of general laws relating to civil service administration. The corporation shall retain all personnel, payroll and associated employee records and shall ensure that the New York city employees' retirement system has access to such records for retirement purposes consistent with current records retention requirements.3. Any officer or employee of the corporation who heretofore acquired or shall hereafter acquire such position status by transfer and who at the time of such transfer was a member of the New York city employees' retirement system shall, with respect to such retirement system, continue to have the rights, privileges, obligations and status which would have applied to him if he had continued to hold the office or position which entitled him to such membership prior to such transfer. Employment by the corporation shall constitute city-service for the purposes of chapter one of title thirteen of the administrative code of the city of New York.4. All employees and officers of the corporation in classes or positions whose incumbents, in equivalent classes or positions of the city, are eligible, as of the effective date hereof, to participate in, and receive benefits from any city authorized health insurance or welfare benefit program, shall be eligible to participate in, and receive benefits from any such health insurance or welfare benefit program; provided, however, that the corporation shall reimburse the city or its designee for the actual cost of benefits under this subdivision.N.Y. Rac. Pari-Mut. Wag. and Breed. Law § 606