ALBANY, New York, Aug. 29-- New York State Comptroller Thomas P. DiNapoli issued the following news release: Employer contribution rates for the state's pension system in State Fiscal Year 2019-20 ...
The typical employee contribution rate falls between about 8% and 10%, depending on the data source. When employer matches are added, total savings climb to about 12% to 14% of an employee's salary.
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