The Employer Contribution Rate (ECR) is the percentage of member payroll employers contribute to NYSTRS.
This rate is determined annually through an actuarial valuation of NYSTRS' assets and liabilities. These contributions have been collected without fail throughout the System's history, keeping NYSTRS among the most secure plans in the country.
The current rates are as follows:
|To be Collected
||2018-19 School Year Salaries
||2017-18 School Year Salaries
||2016-17 School Year Salaries
||2015-16 School Year Salaries
||2014-15 School Year Salaries
The ECR applicable to 2018-19 school year salaries is 10.62%. The payments associated with this rate will be collected in the fall of 2019. See Administrative Bulletin 2018-7 for more information.
The estimated ECR for 2019-20 school year salaries is 8.86% of member payroll. Refer to Administrative Bulletin 2019-1 for more details. The Retirement Board will adopt this rate at its July 31 meeting and an Administrative Bulletin will be issued soon thereafter.