New York State Comptroller Announces Decrease in Pension Contribution Rates

By |2016-09-14T15:51:45+00:00September 13th, 2016|justice system|

The New York State Comptroller recently announced that the contribution rates paid by state and local governments towards New York's pension funds will decrease. According to the Comptroller’s office the average rate of contribution will decrease to 18.2% for most public workers from 20.1%, the comptroller said. For police and firefighters, the employer rate will [...]