New Laws Affecting Tier 6 Contribution Rates
The 2026-27 New York State Budget includes new laws that affect member contribution rates.
- Reduces Tier 6 contribution rates effective October 1, 2026.
- Excludes overtime pay temporarily from the calculation of Tier 6 contribution rates.
Please continue to withhold Tier 6 contributions using the rates we provided to you in March.
NYSLRS will be working closely with you to make the necessary changes. For more information about next steps, visit the New Laws Affecting Tier 6 Contribution Rates page.
Tier 6 contribution rates are subject to change each year on April 1. In March, NYSLRS notifies you when contribution rates for the upcoming State fiscal year are available in Retirement Online.
Viewing Member Contribution Rates
To view contribution rates for State Fiscal Year 2026-27 (April 1, 2026–March 31, 2027):
- Sign in to Retirement Online.
- Click Access Reporting Dashboard button.
- After choosing location code, click Member Contribution Rates link.
Members whose rates have changed will sort to the top of the table. Please review carefully.
Updating Payroll Records and Withholding Correct Amount as of April 1
Beginning April 1, 2026, you must update your payroll records to withhold the correct amount and use the new contribution rates beginning with your April monthly report (or if you do not report monthly, beginning with the report that includes earnings for April).
Failure to Act Results in Serious Repercussions for Your Employees
- If a member’s contribution rate increased and you do not increase the amount withheld from their earnings, your employee will owe arrears and need to pay deficient contributions plus interest which accrues monthly on unpaid balances.
- If a member’s contribution rate decreased and you do not decrease the amount withheld, your Report Summary will have “Excess Withholdings,” and you will need to refund contribution overpayments to your employee. The Improper Withholdings page in Retirement Online provides a breakdown of the amount owed to each employee.
Rev. 8/26