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The New York State Employee Retirement System (ERS) released employer contribution rate (ECR) information, impacting the 2018-19 school budget. The rates can be found at http://www.osc.state.ny.us/retire/word_and_pdf_documents/employers_files/2019_final_rates/2019_ers_final_rates.pdf.

There will be no ERS exclusion as part of the 2018-19 property tax cap calculation, as exclusions only apply when the average contribution rate increases by more than two percentage points. That is not scheduled to happen in 2018-19.

The State Comptroller had previously issued a press release about the rates. It can be found at: http://osc.state.ny.us/press/releases/aug17/083117.htm.

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