For Members Who Joined NYSLRS On or After April 1, 1996
Internal Revenue Code Section 401(a)(17) limits the earnings used in the calculation of pension benefits. The amount is set by federal law and periodically adjusted for inflation.
Refer to the table below. Once a member reaches the Section 401(a)(17) limit, you should continue to report days worked and earnings using the appropriate earnings code, but do not take member contributions from earnings above the limit.
| Earnings Period | Earnings Limit |
|---|---|
| April 1, 2025 – March 31, 2026 | $350,000 |
| April 1, 2024 – March 31, 2025 | $345,000 |
| April 1, 2023 – March 31, 2024 | $330,000 |
| April 1, 2022 – March 31, 2023 | $305,000 |
| April 1, 2021 – March 31, 2020 | $290,000 |
| April 1, 2020 – March 31, 2021 | $285,000 |
| April 1, 2019 – March 31, 2020 | $280,000 |
| April 1, 2018 – March 31, 2019 | $275,000 |
| April 1, 2017 – March 31, 2018 | $270,000 |
For Members of Tier 6 (Joined NYSLRS On or After April 1, 2012)
New York State Retirement and Social Security Law limits the earnings used in the calculation of pension benefits. The amount cannot exceed the Governor’s salary.
Refer to the table below. Once a Tier 6 member reaches the Governor’s salary limit, you should continue to report earnings and days worked, but do not take member contributions from earnings above the limit.
| Earnings Period | Earnings Limit |
|---|---|
| April 1, 2024 – March 31, 2025 | $250,000 |
| April 1, 2023 – March 31, 2024 | $250,000 |
| April 1, 2022 – March 31, 2023 | $250,000 |
| April 1, 2021 – March 31, 2022 | $250,000 |
| April 1, 2020 – March 31, 2021 | $231,250 |
| April 1, 2019 – March 31, 2020 | $206,250 |
| April 1, 2018 – March 31, 2019 | $184,250 |
| April 1, 2017 – March 31, 2018 | $179,000 |
| April 1, 2016 – March 31, 2017 | $179,000 |
| April 1, 2015 – March 31, 2016 | $179,000 |
| April 1, 2014 – March 31, 2015 | $179,000 |
| April 1, 2013 – March 31, 2014 | $179,000 |
| April 1, 2012 – March 31, 2013 | $179,000 |
Rev. 3/25