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
||2019-20 School Year Salaries
||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.
At the July 31, 2019 NYSTRS Retirement Board meeting, an ECR of 8.86% was adopted for the 2019-20 school year. See Administrative Bulletin 2019-7 for additional information. In early November the System will announce an estimated range for the ECR to be collected in Fall 2021.