psa188
Returning Member

How do you figure out what percentage of NYCERS contributions are taxable?

NYCERS says "Non-414(h) Contributions were deducted from your paychecks after tax, and are therefore not subject to taxation a second time. The portion of your retirement benefit that represents Non-414(h) Contributions is exempt from Federal taxes."

So how do you determine how much of your pension payment is taxable?