Master Article - Setup for NYSLRS Overtime Limits

Owned by Knowledge Assistant
Jun 28, 2023
Description of Issue
  • 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?
Context
  • Payroll
  • New York
  • NY Employee Retirement RS2402 Report
  • NYSLRS Report
Cause


Resolution

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

Additional Information

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