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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:
The ECR applicable to 2020-21 school year salaries is 9.53%. The payments associated with this rate will be collected in the fall of 2021. See Administrative Bulletin 2020-6 for more information.
NYSTRS will visit your school to give a tailored presentation to members. Call (800) 348-7298, Ext. 4763 to learn more.