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New York State and Local Retirement SystemOffice of the State Comptroller - Home

What Every Employer Should Know

Becoming A Participating Employer

The process of becoming a participating employer in the Retirement System begins with you providing us with a roster of employee names, current salaries, dates of employment, and dates of birth. We will then prepare an estimate of the cost of participation, for consideration by your governing body. If you decide to become a participant, your governing body must pass a resolution and submit it to us, along with an affidavit from your fiscal officer stating that you will pay the cost of participation.

Once an employer becomes a participant in the Retirement System, by law, that employer can never terminate its participation.