Skip to Content

Office of the New York State Comptroller’s Seal

NYS Comptroller

Thomas P. DiNapoli

What Every Employer Should Know

Factors Affecting an Employer’s Annual Payment

  • Number of Employees who are MembersGenerally, the more members there are on an employer’s payroll, the higher the employer’s annual payment will be. Membership in NYSLRS is falling — from the fiscal year ended March 31, 2009 to the fiscal year ended March 31, 2018, the total number of billable members decreased from 563,075 to 558,192.
  • Higher SalariesHigher salaries often increase an employer’s total bill. Since employer rates are billed as a percentage of salary, the more your employees earn each pay period, the more your contribution to NYSLRS increases.
  • Retirement Plans and Options OfferedEmployers can choose to offer improved retirement plans or optional benefits (i.e. one-year final average salary for police officers and/or firefighters) to its employees. The greater the benefits offered, the greater the employer’s annual contribution. For example, if an employer chooses to provide a special plan for a specific employee group such as police officers or firefighters, the cost will be greater than a regular plan. A special plan allows for retirement after completing a specific number of years of credited service in specific job titles rather than attaining a certain age.
Growth in Total Salaries (2005–2015) Bar Graph

toggle text iconDescription of Growth in Total Salaries (2008–2018) bar graph

This graph shows that, from 2008 through 2018, total salaries rose from $25.7 billion to $30.4 billion. When you compare each system, the results are a bit surprising: while PFRS salaries have continued to trend upward, from $2.9 billion in FYE 2008 to $3.7 billion in FYE 2018; ERS salaries rose from $22.8 billion in FYE 2008 to $25 billion in FYE 2010, then decreased and remained virtually unchanged for five straight fiscal years. However, beginning in FY 2016, salaries began to increase.