{"id":3629,"date":"2026-08-03T12:11:24","date_gmt":"2026-08-03T16:11:24","guid":{"rendered":"https:\/\/uuphost.org\/cortland\/?p=3629"},"modified":"2026-08-03T12:11:24","modified_gmt":"2026-08-03T16:11:24","slug":"uup-tier-6-reform","status":"publish","type":"post","link":"http:\/\/uuphost.org\/cortland\/?p=3629","title":{"rendered":"UUP Tier 6 Reform"},"content":{"rendered":"\n
\"\"<\/a><\/figure>\n\n\n

The 2026-27 Enacted State Budget provided significant statutory reforms to the state\u2019s Tier 6 Optional Retirement Program and pension plans. The changes are as follows:<\/h1>\n

\u00a0<\/strong>\u00a0Optional Retirement Program (ORP) Members<\/p>\n

UUP\u2019s advocacy was instrumental in securing the inclusion of the Optional Retirement Program (ORP) as part of the state\u2019s Tier 6 Reform. The state will now provide an additional 1% contribution to ORP member accounts, and the employee minimum contributions are adjusted to align with the changes to the New York State and Local Retirement System (NYSLRS) employee contributions.<\/p>\n

\u00a0NYSTRS (TRS) Members<\/h2>\n

The retirement age will be reduced by five years, from 63 to 58, without penalties, for members with 30 years of service.<\/p>\n

\u00a0NYSLRS (ERS) Members<\/h2>\n

For members in this pension system, the employee contribution bands have been altered to reduce the amount individuals have to contribute towards their pension. The changes are in the chart below.<\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n\n
\n

\u00a0<\/p>\n

SALARY<\/p>\n<\/td>\n

\n

OLD CONTRIBUTION<\/p>\n<\/td>\n

\n

NEW CONTRIBUTION<\/p>\n<\/td>\n<\/tr>\n

\n

$0-$45K<\/p>\n<\/td>\n

\n

3%<\/p>\n<\/td>\n

\n

3%<\/p>\n<\/td>\n<\/tr>\n

\n

Over $45K-$55K<\/p>\n<\/td>\n

\n

3.5%<\/p>\n<\/td>\n

\n

3%<\/p>\n<\/td>\n<\/tr>\n

\n

Over $55K-$75K<\/p>\n<\/td>\n

\n

4.5%<\/p>\n<\/td>\n

\n

3%<\/p>\n<\/td>\n<\/tr>\n

\n

Over $75K – $100K<\/p>\n<\/td>\n

\n

5.75%<\/p>\n<\/td>\n

\n

4%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0Overtime<\/h2>\n

For members eligible for overtime, the amount of pensionable overtime in all systems will increase. For members of ERS and TRS, the cap will increase from the current $22,500 to $30,000 and be indexed annually at 3%.<\/p>","protected":false},"excerpt":{"rendered":"

The 2026-27 Enacted State Budget provided significant statutory reforms to the state\u2019s Tier 6 Optional Retirement Program and pension plans. The changes are as follows: \u00a0\u00a0Optional Retirement Program (ORP) Members UUP\u2019s advocacy was instrumental in securing the inclusion of the Optional Retirement Program (ORP) as<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3629","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/uuphost.org\/cortland\/index.php?rest_route=\/wp\/v2\/posts\/3629"}],"collection":[{"href":"http:\/\/uuphost.org\/cortland\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/uuphost.org\/cortland\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/uuphost.org\/cortland\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/uuphost.org\/cortland\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3629"}],"version-history":[{"count":1,"href":"http:\/\/uuphost.org\/cortland\/index.php?rest_route=\/wp\/v2\/posts\/3629\/revisions"}],"predecessor-version":[{"id":3631,"href":"http:\/\/uuphost.org\/cortland\/index.php?rest_route=\/wp\/v2\/posts\/3629\/revisions\/3631"}],"wp:attachment":[{"href":"http:\/\/uuphost.org\/cortland\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/uuphost.org\/cortland\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3629"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/uuphost.org\/cortland\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}