Employer Graded Rate Contribution Calculation

Comptroller DiNapoli's Legislative Program

Legislative Session 2017-2018:

Signed into law on June 27, 2017 as Chapter 48 of the Laws of 2017 – A.2384 (Abbate) / S.4759 (Golden) – Provides employers with a tailored graded contribution rate when amortizing a portion of their contributions to the retirement system.