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Contribution Rates

Information for: Full-Time Employees

» New York State Teachers Retirement System
» SUNY Optional Retirement System

Monthly retirement contributions to one of the above plans are made by both the employee and FIT. The employee contribution rates will be based on earnings as follows:

Wages of $44,999 or less - 3%

Wages between $45,000 and $54,999 - 3.5%

Wages between $55,000 and $74,999 - 4.5%

Wages between $75,000 and $99,999 - 5.75%

Wages of more than $100,000 but less than $179,000 - 6%
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