Overview
New York State Retirement and Social Security Law limits pensionable earnings, that is, the earnings that can be included in the calculation of a NYSLRS pension.
Tier 5 members are subject to limits on the amount of overtime and the total earnings that can be included in their pension. Your employer should not withhold member contributions for overtime you earn above the limit.
You can find specific information about how your pension will be calculated in your retirement plan publication. Visit our Find Your NYSLRS Retirement Plan Publication page and follow the steps listed to find yours.
Overtime limits depend on whether you are in the Employees’ Retirement System (ERS) or the Police and Fire Retirement System (PFRS).
Employees’ Retirement System Members
Overtime pay above the annual calendar year limit cannot be used in your pension calculation. The limit increases by 3 percent each calendar year.
| Calendar Year | Overtime Limit |
|---|---|
| 2039 | $35,348.48 |
| 2038 | $34,318.92 |
| 2037 | $33,319.34 |
| 2036 | $32,348.87 |
| 2035 | $31,406.67 |
| 2034 | $30,491.91 |
| 2033 | $29,603.80 |
| 2032 | $28,741.55 |
| 2031 | $27,904.42 |
| 2030 | $27,091.67 |
| 2029 | $26,302.59 |
| 2028 | $25,536.50 |
| 2027 | $24,792.71 |
| 2026 | $24,070.60 |
| 2025 | $23,369.51 |
| 2024 | $22,688.85 |
| 2023 | $22,028.01 |
| 2022 | $21,386.41 |
| 2021 | $20,763.51 |
| 2020 | $20,158.75 |
| 2019 | $19,571.60 |
| 2018 | $19,001.55 |
| 2017 | $18,448.11 |
| 2016 | $17,910.78 |
Police and Fire Retirement System Members1
Overtime pay above 15 percent of your annual earnings is not pensionable and cannot be used in your pension calculation. Your limit is calculated based on your pensionable, non-overtime earnings from the previous calendar year. It includes regular earnings, shift differential pay, location pay, longevity payments and top of pay grade bonus.
1Updated 3/24
Rev. 1/24