Retirement Contribution Borrowing Limits

Comptroller DiNapoli's Legislative Program

Legislative Session 2017-2018:

Signed into law on September 12, 2017 as Chapter 303 of the Laws of 2017 – A.8093 (Abbate) / S.6391 (Golden) – Establishes a cap on the amount that certain Tier 6 members of the New York State and Local Retirement System may borrow against retirement contributions.