Search
DiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… today announced reductions in employer contribution rates to the New York State and Local Retirement System (NYSLRS) … for long-term, steady returns helps ensure our state’s pension fund will continue to be one of the nation’s … our investment decisions are always made based on what is best for our 1.1 million working and retired members …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemDiNapoli: Employer Contribution Rates Stable for State Fiscal Year 2019-2020
… Employer contribution rates for the state's pension system in State Fiscal Year … decrease in SFY 2019-20 from 14.9 percent of payroll to 14.6 percent of payroll. The estimated average contribution rate …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-employer-contribution-rates-stable-state-fiscal-year-2019-2020How the Program Works – Contribution Stabilization Program
… determines an employer’s annual contribution according to its usual procedures. The CSP does not change these … NYSLRS compares the employer’s normal annual contribution to the graded contribution to determine if the employer is … next fiscal year. To view reserve account fund balances: Sign in to your Retirement Online account. From your Account …
https://www.osc.ny.gov/retirement/employers/csp/how-program-worksState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… York State and Local Retirement System (NYSLRS) employer contribution rates for State Fiscal Year 2020-21 will remain the same as … assumed rate of return on investments from 7 percent to 6.8 percent, anticipating a lower return investment …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredState Agencies Bulletin No. 1275
… Affected Employees Members of PFRS in Tiers 3, 5 and 6 Background An Internal Revenue Service (IRS) ruling dated … states mandatory contributions made by PFRS members in Tier 3, 5 and 6 be deducted from their earnings before the … Programs have been changed to reflect the before tax contribution as follows: Retirement Benefit Plan New …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1275-new-deduction-code-616-paf-retirement-tax-paf-btx-and-new-deductionCUNY Bulletin No. CU-283
… Office, OSC will automatically increase biweekly pre-tax contribution rates and decrease the biweekly post-tax contribution rates for employees enrolled in the Express …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-283-rate-changes-cuny-transit-benefit-tsa-programCUNY Bulletin No. CU-321
… Office, OSC will automatically increase biweekly pre-tax contribution rates and decrease the biweekly post-tax contribution rates for employees enrolled in the Express …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-321-rate-changes-cuny-transit-benefit-tsa-programBorrowing Against Your Contributions – Special 20- and 25-Year Plans
… If you aren’t required to contribute (determined by your tier and retirement plan), you can only borrow if you have … The maximum loan is 75 percent of your annuity savings contribution balance, minus any outstanding loan balance, so … contributions are those you make voluntarily. Tier 5 and 6 Members The following rules apply when borrowing against …
https://www.osc.ny.gov/retirement/publications/1517/borrowing-against-your-contributionsWhat Not to Report – Legacy Reporting
… Overtime that exceeds the annual overtime limitation for Tier 5 and Tier 6 ERS and PFRS (15 percent of regular salary) members … the purpose of computing employer and employee retirement contribution…” Chapter 301 of the Laws of 1993, effective …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/what-not-report2025 Employees' Retirement System Final Rates
Contribution rates for participating employers of the Employees' Retirement System (ERS) — fiscal year 2024, 2025 and expected long-term rates.
https://www.osc.ny.gov/files/retirement/resources/pdf/rates-ers-2025.pdf2022 Employees' Retirement System Final Rates
Contribution rates for participating employers of the Employees' Retirement System (ERS) — fiscal year 2021, 2022 and expected long-term rates.
https://www.osc.ny.gov/files/retirement/resources/pdf/rates-ers-2022.pdf2020 Employees' Retirement System Final Rates
Contribution rates for participating employers of the Employees' Retirement System (ERS) — fiscal year 2019, 2020 and expected long-term rates.
https://www.osc.ny.gov/files/retirement/resources/pdf/rates-ers-2020.pdf2021 Employees' Retirement System Final Rates
Contribution rates for participating employers of the Employees' Retirement System (ERS) — fiscal year 2020, 2021 and expected long-term rates.
https://www.osc.ny.gov/files/retirement/resources/pdf/rates-ers-2021.pdf2023 Employees' Retirement System Final Rates
Contribution rates for participating employers of the Employees' Retirement System (ERS) — fiscal year 2022, 2023 and expected long-term rates.
https://www.osc.ny.gov/files/retirement/resources/pdf/rates-ers-2023.pdf2024 Employees' Retirement System Final Rates
Contribution rates for participating employers of the Employees' Retirement System (ERS) — fiscal year 2023, 2024 and expected long-term rates.
https://www.osc.ny.gov/files/retirement/resources/pdf/rates-ers-2024.pdfNYSLRS Announces Employer Contribution Rates for Retirement System for 2021-22
… Local Retirement System (NYSLRS) today announced employer contribution rates for the State Fiscal Year 2021-22 will increase from 14.6 percent to 16.2 percent of payroll for the Employees’ …
https://www.osc.ny.gov/press/releases/2020/09/nyslrs-announces-employer-contribution-rates-retirement-system-2021-22Reporting Member Contributions – Enhanced Reporting
… members), please see the Member Contributions page . Contribution Refunds If you reported and paid for more … Contributions are reportable as wages to NYSLRS. All ERS Tier 3, 4, 5 and 6 required contributions (not for service credit purchases) …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/reporting-member-contributionsTown of Shandaken – Payroll (2013M-201)
… they could take appropriate action. Employee healthcare contribution rates were miscalculated, resulting in employees paying … the Town attorney about possible recovery of the unpaid contribution amounts from employees who under-paid, as well …
https://www.osc.ny.gov/local-government/audits/town/2013/10/02/town-shandaken-payroll-2013m-201DiNapoli: NYSLRS Announces Employers' Retirement System Contribution Rates for 2023-2024
… Comptroller Thomas P. DiNapoli today announced employer contribution rates for the New York State and Local Retirement System … for the State Fiscal Year 2023-24 will increase from 11.6% to 13.1% of payroll for the Employees’ Retirement System …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyslrs-announces-employers-retirement-system-contribution-rates-2023-20242025 Police and Fire Retirement System Final Rates
Contribution rates for participating employers of the Police and Fire Retirement System (PFRS) — fiscal year 2024, 2025 and expected long-term rates.
https://www.osc.ny.gov/files/retirement/resources/pdf/rates-pfrs-2025.pdf