Master Article - Setup for NYSLRS Overtime Limits

• Contributions related to overtime pay are capped after certain annual limit for employees in Tier 5 or Tier 6.  Does EERP handle this?
• How do I setup the overtime limits for retirement Tiers 5 and 6?

• Payroll
• New York
• NY Employee Retirement RS2402 Report
• NYSLRS Report

Use the pay type limit functionality from the Limit Rules option in the Pay Master. 

• Setting up Pay Type Limit Rules for ERS Tier 5 and Tier 6
• Setting up Pay Type Limit Rules for PFRS Tier 5 and Tier 6

NYSLRS Requirements: https://www.osc.state.ny.us/retirement/employers/enhanced-reporting/overtime-limits