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Office of the New York State Comptroller’s Seal

NYS Comptroller

Thomas P. DiNapoli

Contribution Stabilization Program

How to Participate in the Program

To participate in the Contribution Stabilization Program, you must complete and submit a Contribution Stabilization Program Election form, which will be available to download with your November invoice. Mail your completed form to:

New York State and Local Retirement System

Employer Services

110 State Street

Albany, NY 12204-0001.

If you decide not to participate this year, you can elect to participate in the future by completing an election form. Each year, an election form will be available with the invoice for employers that have not previously elected to participate.

You should submit an election form the first year you plan to amortize. Do not submit an election form if you will not amortize that year.

If you are both an Employees’ Retirement System (ERS) and Police and Fire Retirement System (PFRS) employer, you may choose to amortize amounts on either, both or neither invoices. ERS and PFRS invoices are treated separately.

Once you amortize, you cannot withdraw from the program; however, you are not required to amortize every year and you can choose to amortize less than the maximum amount allowed. If you wish to amortize a lesser amount, please contact us as soon as possible, so we can program our billing system to properly account for your payment schedule. You can prepay amortized amounts without penalty.

(Rev. 10/17)