This page will be updated as new information becomes available. Please check back often. Last updated 11/09/2021.

Excess Pension Contributions

In August, the Metropolitan Transportation Authority (MTA) informed NYCERS of a payroll error that resulted in the MTA withholding contributions on earnings in excess of the overtime ceiling for some MTA employees in Tier 6.

The MTA is still working to identify the impacted population, after which NYCERS will obtain a list of member accounts where a refund of contributions on earnings in excess of the overtime ceiling may be due. Once NYCERS receives a complete report from the MTA, all affected member accounts will be fully reviewed and updates will be provided to those members.

The MTA withholding of contributions on earnings in excess of the overtime ceiling is not directly impacting other NYCERS-covered employers.

Please continue to check this page for further updates.