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 2017-18 school year salaries is 9.80%. The payments associated with this rate will be collected in the fall of 2018. Refer to Administrative Bulletin 2017-9 for more information.
At the August 1, 2018 NYSTRS Retirement Board meeting, an ECR of 10.62% was adopted for the 2018-19 school year. See Administrative Bulletin 2018-7 for additional information. In early November the System will announce an estimated range for the ECR to be collected in Fall 2020.