Pension and Benefits

Popular Annual Financial Report

March 4, 2017

With data primarily pulled from NYSTRS' CAFR of the same fiscal year, the PAFR relies heavily on graphics and other visuals to tell the System's financial story. Unlike a CAFR, which can be technical in nature, a PAFR attempts to present the facts in a clear, concise manner.

Employer Costs Continue to Decline

March 4, 2017

Employer contributions paid to NYSTRS in 2018 will be lower than 2017 contributions – which will be less than they contributed in 2016. NYSTRS has advised participating employers to budget for an employer contribution rate (ECR) of 9.80% applicable to 2017-18 school year salaries. The figure represents a decrease of

Public Pensions Pass the Test

March 4, 2017

Public retirement systems continue improving cost efficiency, increasing funding ratios and fine-tuning benefits to strengthen their capacity to serve retired public servants for years to come, according to a sweeping annual study by the National Conference on Public Employee Retirement Systems (NCPERS). The study underscores the many ways in which