§ 392. Rates of contribution. * 1. Employer contributions. In the case\nof any electing employee initially appointed on or before June\nthirtieth, nineteen hundred ninety-two, the state, with respect to\nemployees of state university, and the electing employer, with respect\nto employees of a community college, shall, during continuance of his\nemployment, make contributions at the rate of nine percentum of that\nportion of his salary upon which contributions, if any, are or may\nhereafter be paid to the secretary of the treasury of the United States\npursuant to article three of the retirement and social security law and\nat the rate of twelve percentum of any portion of his salary upon which\nsuch contributions are not paid, out of monies which shall be\nappropriated to state university or which shall be available to the\nelecting employer for such purpose. In the case of any electing employee\ninitially appointed on or after July first, nineteen hundred ninety-two,\nthe state, with respect to employees of the state university and the\nelecting employer, with respect to employees of a community college,\nshall, during continuance of his employment, make contributions at the\nrate of eight percentum of his salary during the first seven years of\nsuch employment and at the rate of ten percentum of his salary\nthereafter, out of monies which shall be appropriated to the state\nuniversity or which shall be available to the electing employer for such\npurpose. For purposes of this subdivision, that portion of the\nemployee's salary upon which contributions are or may thereafter be paid\nto the secretary of the treasury of the United States pursuant to\narticle three of the retirement and social security law shall be deemed\nnot to exceed sixteen thousand five hundred dollars.\n * NB Effective until October 1, 2026\n * 1. Employer contributions. In the case of any electing employee\ninitially appointed on or before June thirtieth, nineteen hundred\nninety-two, the state, with respect to employees of state university,\nand the electing employer, with respect to employees of a community\ncollege, shall, during continuance of his employment, make contributions\nat the rate of nine percentum of that portion of their salary upon which\ncontributions, if any, are or may hereafter be paid to the secretary of\nthe treasury of the United States pursuant to article three of the\nretirement and social security law and at the rate of twelve percentum\nof any portion of their salary upon which such contributions are not\npaid, out of monies which shall be appropriated to state university or\nwhich shall be available to the electing employer for such purpose. In\nthe case of any electing employee initially appointed on or after July\nfirst, nineteen hundred ninety-two, the state, with respect to employees\nof the state university and the electing employer, with respect to\nemployees of a community college, shall, during continuance of their\nemployment, make contributions at the rate of eight percentum of their\nsalary during the first seven years of such employment and at the rate\nof ten percentum of their salary thereafter, out of monies which shall\nbe appropriated to the state university or which shall be available to\nthe electing employer for such purpose, provided however, that effective\nOctober first, two thousand twenty-six, in the case of any electing\nemployee initially appointed on or after April first, two thousand\ntwelve, with respect to employees of the state university and the\nelecting employer, with respect to employees of a community college,\nshall, during continuance of their employment, make contributions at the\nrate of nine percentum of their salary during the first seven years of\nsuch employment and at the rate of eleven percentum of their salary\nthereafter, out of monies which shall be appropriated to the state\nuniversity or which shall be available to the electing employer for such\npurpose. For purposes of th
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