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The NYS Teachers’ Retirement System released Administrative Bulletin 2018-7 recently and it explains that the Retirement Board adopted an Employer Contribution Rate (ECR) of 10.62% applicable to 2018-19 school year salaries. This is slightly lower than the estimated rate of 10.63% provided in Administrative Bulletin 2018-2.  You can access the current bulletin at: https://www.nystrs.org/Employers/Administrative-Bulletins/2018-Bulletins/bull2018-7.

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