Contracts

DC 37 2021-2026 Economic Contract

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Retroactive Pay Calculators

Use the calculators below to estimate how much retroactive pay you may expect before taxes under the proposed 2021-2026 economic agreement. All calculations are estimates based on working in active status since May 26, 2021. Members with less service will receive a lower amount. It is anticipated that retro will be paid out five or six pay periods post-ratification.

*Amounts are pre-tax estimates.
** This calculator assumes that you have been in active pay status continuously since May 2021.

These calculators estimate retroactive payment through May 25, 2023 and do not include future increases due on May 26, 2023, May 26, 2024 or May 26, 2025.

These calculators are for estimation purposes only. Overtime hours worked will be included in retro. Individual taxes will vary; these calculations are gross-before-taxes amounts.

Deferred Compensation: If you are participating in a 457 or deferred comp plan, you may want to increase your contribution temporarily two pay periods before the bonus and retro is paid so that it will be in effect when the additional money is received. It normally takes one pay period for a DCP deferral change to update as long as the participant doesn’t miss the deadline for that particular pay date. If the participant missed the deadline, then it may take two pay periods. The participant can select this change either on an on-going or a one-time particular pay date to have their deferral percentages take effect. This transaction must be completed by the participant via the Participant Website: www.nyc.gov/site/olr/deferred/dcphome.page