S 8134: Provides that retirement contributions of public employees with ten or more years of service shall be three per centum per annum.

  
  STATE OF NEW YORK ________________________________________________________________________ 8134 2025-2026 Regular Sessions  IN SENATE May 15, 2025 ___________ Introduced by Sens. JACKSON, SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Civil Service and Pensions AN ACT to amend the retirement and social security law and the education law, in relation to the retirement contributions of career public employees The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision a of section 517 of the retirement and social 2 security law, as amended by chapter 18 of the laws of 2012, the second 3 undesignated paragraph as amended by section 1 of part KK of chapter 55 4 of the laws of 2024, is amended to read as follows: 5 a. Members shall contribute three percent of annual wages to the 6 retirement system in which they have membership, provided that such 7 contributions shall not be required for more than thirty years, for 8 general members, or twenty-five years, for police/fire members, except 9 that beginning April first, two thousand thirteen for members who first 10 become members of the New York state and local employees' retirement 11 system on or after April first, two thousand twelve, the rate at which 12 each such member shall contribute in any current plan year (April first 13 to March thirty-first) shall be determined by reference to the wages of 14 such member in the second plan year (April first to March thirty-first) 15 preceding such current plan year as follows: 16 1. members with wages of forty-five thousand dollars per annum or less 17 shall contribute three per centum of annual wages; 18 2. members with wages greater than forty-five thousand per annum, but 19 not more than fifty-five thousand per annum shall contribute three and 20 one-half per centum of annual wages; 21 3. members with wages greater than fifty-five thousand per annum, but 22 not more than seventy-five thousand per annum shall contribute four and 23 one-half per centum of annual wages; EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11201-02-5 
 S. 8134 2 1 4. members with wages greater than seventy-five thousand per annum but 2 not more than one hundred thousand per annum shall contribute five and 3 three-quarters per centum of annual wages; and 4 5. members with wages greater than one hundred thousand per annum 5 shall contribute six per centum of annual wages. 6 Notwithstanding the foregoing, during each of the first three plan 7 years (April first to March thirty-first) in which such member has 8 established membership in the New York state and local employees' 9 retirement system, such member shall contribute a percentage of annual 10 wages in accordance with the preceding schedule based upon a projection 11 of annual wages provided by the employer. Notwithstanding the foregoing, 12 when determining the rate at which each such member who became a member 13 of the New York state and local employees' retirement system on or after 14 April first, two thousand twelve shall contribute for any plan year 15 (April first to March thirty-first) between April first, two thousand 16 twenty-two and April first, two thousand twenty-six, such rate shall be 17 determined by reference to employees annual base wages of such member in 18 the second plan year (April first to March thirty-first) preceding such 19 current plan year. Base wages shall include regular pay, shift differen- 20 tial pay, location pay, and any increased hiring rate pay, but shall not 21 include any overtime payments. 22 Notwithstanding the foregoing, on and after the effective date of this 23 paragraph, the rate of contribution for members with ten or more years 24 of membership shall be three per centum of annual wages. 25 The head of each retirement system shall promulgate such regulations 26 as may be necessary and appropriate with respect to the deduction of 27 such contribution from members' wages and for the maintenance of any 28 special fund or funds with respect to amounts so contributed. 29 § 2. Subdivision a of section 613 of the retirement and social securi- 30 ty law, as amended by chapter 10 of the laws of 2000, paragraphs 1 and 2 31 as amended by chapter 510 of the laws of 2015, the second undesignated 32 paragraph of paragraph 1 and the second undesignated paragraph of para- 33 graph 2 as amended by section 2 of part KK of chapter 55 of the laws of 34 2024, is amended to read as follows: 35 a. 1. Except as provided by paragraph two of this subdivision, members 36 shall contribute three percent of annual wages to the retirement system 37 in which they have membership, except that beginning April first, two 38 thousand thirteen for members who first become members of a public 39 retirement system of the state on or after April first, two thousand 40 twelve, the rate at which each such member shall contribute in any 41 current plan year (April first to March thirty-first, except for members 42 of the New York city employees' retirement system, New York city teach- 43 ers' retirement system and New York city board of education retirement 44 system, plan year shall mean January first through December thirty-first 45 commencing with the January first next succeeding the effective date of 46 the chapter of the laws of two thousand fifteen that amended this para- 47 graph) shall be determined by reference to the wages of such member in 48 the second plan year (April first to March thirty-first, except for 49 members of the New York city employees' retirement system, New York city 50 teachers' retirement system and New York city board of education retire- 51 ment system, plan year shall mean January first through December thir- 52 ty-first commencing with the January first next succeeding the effective 53 date of the chapter of the laws of two thousand fifteen that amended 54 this paragraph) preceding such current plan year as follows: 55 (i) members with wages of forty-five thousand dollars per annum or 56 less shall contribute three per centum of annual wages; 
 S. 8134 3 1 (ii) members with wages greater than forty-five thousand per annum, 2 but not more than fifty-five thousand per annum shall contribute three 3 and one-half per centum of annual wages; 4 (iii) members with wages greater than fifty-five thousand per annum, 5 but not more than seventy-five thousand per annum shall contribute four 6 and one-half per centum of annual wages; 7 (iv) members with wages greater than seventy-five thousand per annum 8 but not more than one hundred thousand per annum shall contribute five 9 and three-quarters per centum of annual wages; and 10 (v) members with wages greater than one hundred thousand per annum 11 shall contribute six per centum of annual wages. 12 Notwithstanding the foregoing, during each of the first three plan 13 years (April first to March thirty-first, except for members of New York 14 city employees' retirement system, New York city teachers' retirement 15 system and New York city board of education retirement system, plan year 16 shall mean January first through December thirty-first commencing with 17 the January first next succeeding the effective date of chapter five 18 hundred ten of the laws of two thousand fifteen) in which such member 19 has established membership in a public retirement system of the state, 20 such member shall contribute a percentage of annual wages in accordance 21 with the preceding schedule based upon a projection of annual wages 22 provided by the employer. Notwithstanding the foregoing, when determin- 23 ing the rate at which each such member who became a member of the New 24 York state and local employees' retirement system, New York city employ- 25 ees' retirement system, New York city teachers' retirement system and 26 New York city board of education retirement system, on or after April 27 first, two thousand twelve shall contribute for any plan year (April 28 first to March thirty-first, except for members of the New York city 29 employees' retirement system, New York city teachers' retirement system 30 and New York city board of education retirement system, plan year shall 31 mean January first through December thirty-first commencing with January 32 first next succeeding the effective date of chapter five hundred ten of 33 the laws of two thousand fifteen) between April first, two thousand 34 twenty-two and April first, two thousand twenty-six, such rate shall be 35 determined by reference to employees annual base wages of such member in 36 the second plan year (April first to March thirty-first) preceding such 37 current plan year. Base wages shall include regular pay, shift differen- 38 tial pay, location pay, and any increased hiring rate pay, but shall not 39 include any overtime payments or compensation earned for extracurricular 40 programs or any other pensionable earnings paid in addition to the annu- 41 al base wages. 42 Notwithstanding the foregoing, on and after the effective date of this 43 paragraph, the rate of contribution for members with ten or more years 44 of membership shall be three per centum of annual wages. 45 The head of each retirement system shall promulgate such regulations 46 as may be necessary and appropriate with respect to the deduction of 47 such contribution from members' wages and for the maintenance of any 48 special fund or funds with respect to amounts so contributed. 49 2. A member of the New York city employees' retirement system who is 50 eligible to be a participant in the twenty-five-year and age fifty-five 51 retirement program, as defined by paragraph five of subdivision a of 52 section six hundred four-b of this article shall contribute two percent 53 of annual wages to such system effective on the starting date of the 54 elimination of additional member contributions, as defined in an 55 election made pursuant to paragraph ten of subdivision e of section six 56 hundred four-b of this article, except that beginning April first, two 
 S. 8134 4 1 thousand thirteen for members who first become members of the New York 2 city employees' retirement system on or after April first, two thousand 3 twelve, the rate at which each such member shall contribute in any 4 current plan year (April first to March thirty-first, provided, however, 5 that plan year shall mean January first through December thirty-first 6 commencing with the January first next succeeding the effective date of 7 the chapter of the laws of two thousand fifteen that amended this para- 8 graph) shall be determined by reference to the wages of such member in 9 the second plan year (April first to March thirty-first, provided, 10 however, that plan year shall mean January first through December thir- 11 ty-first commencing with the January first next succeeding the effective 12 date of the chapter of the laws of two thousand fifteen that amended 13 this paragraph) preceding such current plan year as follows: 14 (i) members with wages of forty-five thousand dollars per annum or 15 less shall contribute three per centum of annual wages; 16 (ii) members with wages greater than forty-five thousand per annum, 17 but not more than fifty-five thousand per annum shall contribute three 18 and one-half per centum of annual wages; 19 (iii) members with wages greater than fifty-five thousand per annum, 20 but not more than seventy-five thousand per annum shall contribute four 21 and one-half per centum of annual wages; 22 (iv) members with wages greater than seventy-five thousand per annum 23 but not more than one hundred thousand per annum shall contribute five 24 and three-quarters per centum of annual wages; and 25 (v) members with wages greater than one hundred thousand per annum 26 shall contribute six per centum of annual wages. 27 Notwithstanding the foregoing, during each of the first three plan 28 years (April first to March thirty-first, provided, however, that plan 29 year shall mean January first through December thirty-first commencing 30 with the January first next succeeding the effective date of chapter 31 five hundred ten of the laws of two thousand fifteen) in which such 32 member has established membership in the New York city employees' 33 retirement system, such member shall contribute a percentage of annual 34 wages in accordance with the preceding schedule based upon a projection 35 of annual wages provided by the employer. Notwithstanding the foregoing, 36 when determining the rate at which each such member who became a member 37 of, New York city employees' retirement system, on or after April first, 38 two thousand twelve shall contribute for any plan year (April first to 39 March thirty-first, provided, however, that plan year shall mean January 40 first through December thirty-first commencing with the January first 41 next succeeding the effective date of chapter five hundred ten of the 42 laws of two thousand fifteen) between April first, two thousand twenty- 43 two and April first, two thousand twenty-six, such rate shall be deter- 44 mined by reference to employees annual base wages of such member in the 45 second plan year (April first to March thirty-first) preceding such 46 current plan year. Base wages shall include regular pay, shift differen- 47 tial pay, location pay, and any increased hiring rate pay, but shall not 48 include any overtime payments. 49 Notwithstanding the foregoing, on and after the effective date of this 50 paragraph, the rate of contribution for members with ten or more years 51 of membership shall be three per centum of annual wages. 52 § 3. Subdivisions f and g of section 613 of the retirement and social 53 security law, as amended by chapter 18 of the laws of 2012, the second 54 undesignated paragraph of subdivision f and the second undesignated 55 paragraph of subdivision g as amended by section 2 of part KK of chap- 56 ter 55 of the laws of 2024, are amended to read as follows: 
 S. 8134 5 1 f. Anything in subdivision a of this section to the contrary notwith- 2 standing a member employed as a uniformed court officer or peace officer 3 in the unified court system who first joins the New York state and local 4 employees' retirement system on or after January first, two thousand ten 5 shall contribute four percent of annual wages to the New York state and 6 local employees' retirement system, except that beginning April first, 7 two thousand thirteen for members who first become members of the New 8 York state and local employees' retirement system on or after April 9 first, two thousand twelve, the rate at which each such member shall 10 contribute in any current plan year (April first to March thirty-first) 11 shall be determined by reference to the wages of such member in the 12 second plan year (April first to March thirty-first) preceding such 13 current plan year as follows: 14 1. members with wages of forty-five thousand dollars per annum or less 15 shall contribute three per centum of annual wages; 16 2. members with wages greater than forty-five thousand per annum, but 17 not more than fifty-five thousand per annum shall contribute three and 18 one-half per centum of annual wages; 19 3. members with wages greater than fifty-five thousand per annum, but 20 not more than seventy-five thousand per annum shall contribute four and 21 one-half per centum of annual wages; 22 4. members with wages greater than seventy-five thousand per annum but 23 not more than one hundred thousand per annum shall contribute five and 24 three-quarters per centum of annual wages; and 25 5. members with wages greater than one hundred thousand per annum 26 shall contribute six per centum of annual wages. 27 Notwithstanding the foregoing, during each of the first three plan 28 years (April first to March thirty-first) in which such member has 29 established membership in the New York state and local employees' 30 retirement system, such member shall contribute a percentage of annual 31 wages in accordance with the preceding schedule based upon a projection 32 of annual wages provided by the employer. Notwithstanding the foregoing, 33 when determining the rate at which each such member who became a member 34 of the New York state and local employees' retirement system on or after 35 April first, two thousand twelve shall contribute for any plan year 36 (April first to March thirty-first) between April first, two thousand 37 twenty-two and April first, two thousand twenty-six, such rate shall be 38 determined by reference to employees annual base wages of such member in 39 the second plan year (April first to March thirty-first) preceding such 40 current plan year. Base wages shall include regular pay, shift differen- 41 tial pay, location pay, and any increased hiring rate pay, but shall not 42 include any overtime payments. 43 Notwithstanding the foregoing, on and after the effective date of this 44 paragraph, the rate of contribution for members with ten or more years 45 of membership shall be three per centum of annual wages. 46 The head of the New York state and local employees' retirement system 47 shall promulgate such regulations as may be necessary and appropriate 48 with respect to the deduction of such contribution from members' wages 49 and for the maintenance of any special fund or funds with respect to 50 amounts so contributed. 51 g. Members who first join the New York state teachers' retirement 52 system on or after January first, two thousand ten shall contribute 53 three and one-half percent of annual wages to the New York state teach- 54 ers' retirement system, except that beginning April first, two thousand 55 thirteen for members who first become members of the New York state 56 teachers' retirement system on or after April first, two thousand 
 S. 8134 6 1 twelve, the rate at which each such member shall contribute in any 2 current plan year (July first to June thirtieth) shall be determined by 3 reference to the wages of such member in the second plan year (July 4 first to June thirtieth) preceding such current plan year as follows: 5 1. members with wages of forty-five thousand dollars per annum or less 6 shall contribute three per centum of annual wages; 7 2. members with wages greater than forty-five thousand per annum, but 8 not more than fifty-five thousand per annum shall contribute three and 9 one-half per centum of annual wages; 10 3. members with wages greater than fifty-five thousand per annum, but 11 not more than seventy-five thousand per annum shall contribute four and 12 one-half per centum of annual wages; 13 4. members with wages greater than seventy-five thousand per annum but 14 not more than one hundred thousand per annum shall contribute five and 15 three-quarters per centum of annual wages; and 16 5. members with wages greater than one hundred thousand per annum 17 shall contribute six per centum of annual wages. 18 Notwithstanding the foregoing, during each of the first three plan 19 years (July first to June thirtieth) in which such member has estab- 20 lished membership in the New York state teachers' retirement system, 21 such member shall contribute a percentage of annual wages in accordance 22 with the preceding schedule based upon a projection of annual wages 23 provided by the employer. Notwithstanding the foregoing, when determin- 24 ing the contribution rate at which a member of the New York state teach- 25 ers' retirement system with a date of membership on or after April 26 first, two thousand twelve shall contribute for plan years (July first 27 to June thirtieth) between July first, two thousand twenty-two and July 28 first, two thousand twenty-six, such rate shall be determined by refer- 29 ence to the member's annual base wages in the second plan year (July 30 first to June thirtieth) preceding such current plan year. Annual base 31 wages shall not include compensation earned for extracurricular programs 32 or any other pensionable earnings paid in addition to the annual base 33 wages. 34 Notwithstanding the foregoing, on and after the effective date of this 35 paragraph, the rate of contribution for members with ten or more years 36 of membership shall be three per centum of annual wages. 37 The head of the New York state teachers' retirement system shall 38 promulgate such regulations as may be necessary and appropriate with 39 respect to the deduction of such contribution from members' wages and 40 for the maintenance of any special fund or funds with respect to amounts 41 so contributed. 42 § 4. Section 1204 of the retirement and social security law, as 43 amended by chapter 18 of the laws of 2012, the second undesignated 44 paragraph as amended by section 3 of part KK of chapter 55 of the laws 45 of 2024, is amended to read as follows: 46 § 1204. Member contributions. Members who are subject to the 47 provisions of this article shall contribute three percent of annual 48 wages to the retirement system in which they have membership, except 49 that beginning April first, two thousand thirteen for members who first 50 become members of the New York state and local police and fire retire- 51 ment system on or after April first, two thousand twelve, the rate at 52 which each such member shall contribute in any current plan year (April 53 first to March thirty-first) shall be determined by reference to the 54 wages of such member in the second plan year (April first to March thir- 55 ty-first) preceding such current plan year as follows: 
 S. 8134 7 1 a. members with wages of forty-five thousand dollars per annum or less 2 shall contribute three per centum of annual wages; 3 b. members with wages greater than forty-five thousand per annum, but 4 not more than fifty-five thousand per annum shall contribute three and 5 one-half per centum of annual wages; 6 c. members with wages greater than fifty-five thousand per annum, but 7 not more than seventy-five thousand per annum shall contribute four and 8 one-half per centum of annual wages; 9 d. members with wages greater than seventy-five thousand per annum but 10 not more than one hundred thousand per annum shall contribute five and 11 three-quarters per centum of annual wages; and 12 e. members with wages greater than one hundred thousand per annum 13 shall contribute six per centum of annual wages. 14 Notwithstanding the foregoing, during each of the first three plan 15 years (April first to March thirty-first) in which such member has 16 established membership in the New York state and local police and fire 17 retirement system, such member shall contribute a percentage of annual 18 wages in accordance with the preceding schedule based upon a projection 19 of annual wages provided by the employer. Notwithstanding the foregoing, 20 when determining the rate at which each such member who became a member 21 of the New York state and local police and fire retirement system on or 22 after April first, two thousand twelve shall contribute for any plan 23 year (April first to March thirty-first) between April first, two thou- 24 sand twenty-two and April first, two thousand twenty-six, such rate 25 shall be determined by reference to employees annual base wages of such 26 member in the second plan year (April first to March thirty-first) 27 preceding such current plan year. Base wages shall include regular pay, 28 shift differential pay, location pay, and any increased hiring rate pay, 29 but shall not include any overtime payments. Effective April first, two 30 thousand twelve, all members subject to the provisions of this article 31 shall not be required to make member contributions on annual wages 32 excluded from the calculation of final average salary pursuant to 33 section twelve hundred three of this article. Nothing in this section, 34 however, shall be construed or deemed to allow members to receive a 35 refund of any member contributions on such wages paid prior to April 36 first, two thousand twelve. 37 Notwithstanding the foregoing, on and after the effective date of this 38 paragraph, the rate of contribution for members with ten or more years 39 of membership shall be three per centum of annual wages. 40 Members who are enrolled in a retirement plan that limits the amount 41 of creditable service a member can accrue shall not be required to make 42 contributions pursuant to this section after accruing the maximum amount 43 of service credit allowed by the retirement plan in which they are 44 enrolled. The state comptroller shall promulgate such regulations as may 45 be necessary and appropriate with respect to the deduction of such 46 contribution from members' wages and for the maintenance of any special 47 fund or funds with respect to amounts so contributed. In no way shall 48 the member contributions made pursuant to this section be used to 49 provide for pension increases or annuities of any kind. 50 § 5. Subdivision 2 of section 182 of the education law, as amended by 51 chapter 18 of the laws of 2012, is amended to read as follows: 52 2. Employee contributions. In the case of any electing employee, 53 contributions at the rate of three per centum of [his] the state salary 54 of such employee shall be deducted by the state comptroller as the 55 employee contribution, provided however, that such employee contribution 56 shall be made by the state in accordance with subdivision one of this 
 S. 8134 8 1 section during such period as (a) either section seventy-a of the 2 retirement and social security law or section five hundred twenty-eight 3 of this title provides that the contribution of each member of the New 4 York state employees' retirement system or the New York state teachers' 5 retirement system in the employ of the state shall be reduced by at 6 least eight per centum of [his] such employee's compensation, or (b) 7 employee contributions to either such system are no longer required by 8 reason of such system becoming noncontributory for state employees. 9 Notwithstanding any other law to the contrary, beginning April first, 10 two thousand thirteen any electing employee appointed on or after April 11 first, two thousand twelve, the rate at which each such employee shall 12 contribute in any current plan year (January first to December thirty- 13 first) shall be determined by reference to the wages of such member in 14 the second plan year (January first to December thirty-first) preceding 15 such current plan year as follows: 16 (a) members with wages of forty-five thousand dollars per annum or 17 less shall contribute three per centum of annual wages; 18 (b) members with wages greater than forty-five thousand per annum, but 19 not more than fifty-five thousand per annum shall contribute three and 20 one-half per centum of annual wages; 21 (c) members with wages greater than fifty-five thousand per annum, but 22 not more than seventy-five thousand per annum shall contribute four and 23 one-half per centum of annual wages; 24 (d) members with wages greater than seventy-five thousand per annum 25 but not more than one hundred thousand per annum shall contribute five 26 and three-quarters per centum of annual wages; and 27 (e) members with wages greater than one hundred thousand per annum 28 shall contribute six per centum of annual wages. 29 Notwithstanding the foregoing, during each of the first three plan 30 years (January first to December thirty-first) in which such member has 31 established membership in the Education Department Optional Retirement 32 Program, such employee shall contribute a percent of annual wages in 33 accordance with the preceding schedule based upon a projection of annual 34 wages provided by the employer. 35 Notwithstanding the foregoing, on and after the effective date of this 36 paragraph, the rate of contribution for members with ten or more years 37 of membership shall be three per centum of annual wages. 38 § 6. Paragraph (d) of subdivision 2 of section 392 of the education 39 law, as added by chapter 18 of the laws of 2012, is amended to read as 40 follows: 41 (d) Notwithstanding any other law to the contrary, beginning April 42 first, two thousand thirteen any electing employee appointed on or after 43 April first, two thousand twelve, the rate at which each such employee 44 shall contribute in any current plan year (January first to December 45 thirty-first) shall be determined by reference to the wages of such 46 member in the second plan year (January first to December thirty-first) 47 preceding such current plan year as follows: 48 (i) members with wages of forty-five thousand dollars per annum or 49 less shall contribute three per centum of annual wages; 50 (ii) members with wages greater than forty-five thousand per annum, 51 but not more than fifty-five thousand per annum shall contribute three 52 and one-half per centum of annual wages; 53 (iii) members with wages greater than fifty-five thousand per annum, 54 but not more than seventy-five thousand per annum shall contribute four 55 and one-half per centum of annual wages; 
 S. 8134 9 1 (iv) members with wages greater than seventy-five thousand per annum 2 but not more than one hundred thousand per annum shall contribute five 3 and three-quarters per centum of annual wages; and 4 (v) members with wages greater than one hundred thousand per annum 5 shall contribute six per centum of annual wages. 6 Notwithstanding the foregoing, during each of the first three plan 7 years (January first to December thirty-first) in which such member has 8 established membership in the State University Optional Retirement 9 Program, such employee shall contribute a percent of annual wages in 10 accordance with the preceding schedule based upon a projection of annual 11 wages provided by the employer. 12 Notwithstanding the foregoing, on and after the effective date of this 13 paragraph, the rate of contribution for members with ten or more years 14 of membership shall be three per centum of annual wages. 15 § 7. Paragraph (d) of subdivision 2 of section 6252 of the education 16 law, as added by chapter 18 of the laws of 2012, is amended to read as 17 follows: 18 (d) Notwithstanding any other law to the contrary, beginning April 19 first, two thousand thirteen any electing employee appointed on or after 20 April first, two thousand twelve, the rate at which each such employee 21 shall contribute in any current plan year (January first to December 22 thirty-first) shall be determined by reference to the wages of such 23 member in the second plan year (January first to December thirty-first) 24 preceding such current plan year as follows: 25 (1) members with wages of forty-five thousand dollars per annum or 26 less shall contribute three per centum of annual wages; 27 (2) members with wages greater than forty-five thousand per annum, but 28 not more than fifty-five thousand per annum shall contribute three and 29 one-half per centum of annual wages; 30 (3) members with wages greater than fifty-five thousand per annum, but 31 not more than seventy-five thousand per annum shall contribute four and 32 one-half per centum of annual wages; 33 (4) members with wages greater than seventy-five thousand per annum 34 but not more than one hundred thousand per annum shall contribute five 35 and three-quarters per centum of annual wages; and 36 (5) members with wages greater than one hundred thousand per annum 37 shall contribute six per centum of annual wages. 38 Notwithstanding the foregoing, during each of the first three plan 39 years (January first to December thirty-first) in which such member has 40 established membership in the Board of Higher Education Optional Retire- 41 ment Program, such employee shall contribute a percent of annual wages 42 in accordance with the preceding schedule based upon a projection of 43 annual wages provided by the employer. 44 Notwithstanding the foregoing, on and after the effective date of this 45 paragraph, the rate of contribution for members with ten or more years 46 of membership shall be three per centum of annual wages. 47 § 8. Notwithstanding any other provision of law to the contrary, none 48 of the provisions of this act shall be subject to section 25 of the 49 retirement and social security law. 50 § 9. No employee contributions made by a member of a public retire- 51 ment system prior to the effective date of this act shall be refunded as 52 a result of this act becoming a law. 53 § 10. This act shall take effect one year after it shall have become a 54 law.