Relates to the retirement contributions of career public employees

This bill changes how certain public employees in New York contribute to their retirement systems by replacing a flat 3% rate with a tiered system based on their annual salary. Starting in the 2026 plan year, employees earning up to $75,000 will still pay 3%, while those earning between $75,000 and $100,000 will pay 4%, and those earning over $100,000 will pay 5%. The law also clarifies that these contribution rates are calculated using the employee's wages from the previous two-year period and excludes overtime pay from the calculation. New hires will have their contributions based on projected wages for their first three years of service.