By the Numbers
On June 12, 2025, the NYCERS trustess adopted the FY-2026 admin budget.
- The budget dropped from $166.0M to $165.8M.
- Salaries increased from $53.7M to $55.9M.
- Friinge increased from $16.5M to $17.7M.
- OTPS decreased from $95.96M to $92.3M
NYCERS has officially stated that the Legacy Replacement Project is "anticpated" to be completed by December 2030. That is a four and half year delay on a project that started in 2015. In addition there is yet no detail plan how this project will be completed by this date.
Salaries
The salaries for
- the 501 full time emplooyess has increased from $47.2M to $48.8M (3.39%)
- the longevity payments increased from $1.86M to $1.92M (3.23%)
- the 8 part time employees has increased from $210K to $217K (3.33%)
- the 22 hourly employees has increased from $577K to $596K (3.29%)
- the 16 per diem employees has increased from $423K to $437K (3.31%)
- the overtime allocation has increased from $3.1M to $3.6M (16.13%)
Other Than Personnel Services (OTPS) Expenses
| Category | FY-2025 | FY-2026 |
| General expense | $15.64M | $18.15M |
| Security | $915K | $915K |
| Busines Recovery | $3.10M | $3.65M |
| Mainframe | $1.51M | $1.76M |
| Non-Maineframe | $19.91M | $24.71M |
| LRP and Upgrades | $54.82M | $43.12M |
Highlights of the OTPS Budget
In light of the fiasco with LRP project I want to point that the Accenture line item was reduced this year from $18.7M (2025) to $10.8M (2026). As background for this contract which began in FY-2021, the following amounts have been budgeted to Accenture for the LRP contract:
- FY-2021: $826K
- FY-2022: $19.32 million
- FY-2023: $23.06 million
- FY-2024: $23.19 million
- FY-2025: $18.7 million
- FY-2026: $10.8 million
In addition to the amounts paid to Accenture, NYCERS (in conjunction with the Accenture's work) contracted with Penfax for an off the shelf piece of software that Accenture is customizinge for NYCERS. The amounts budgeted for Penfax are:
- FY-2021: $3.06 million
- FY-2022: $3.18 million
- FY-2023: $3.59 million
- FY-2024: $3.99 million
- FY-2025: $4.19 million + $200,000 dev. licenses
- FY-2026: $3.99 million + $200,000 dev. licenses
Just for laughs NYCERS increased its budget for
- contract COBOL programmers from $2.0 million to $3.26 million.
- the Garnter contract from $1.76 million to $2.64 million
NYCERS has maintained or decreased its budget for the following major LRP items:
- QA Vendor from $1.37 million to $1.37 million
- QA Testers from $2.90 million to $2.90 million
- Data Analysts from $2.09 million to $2.09 million
- Project Managers from $3.26 million to $2.44 million
- Business Analysts from $2.76 million to $1.74 million
- Risk Consultant from $700,000 to $700,000
There was also a significant reduction in the contingency item in the LRP project:
- from $9.14 million to $5.50 million
This is a strange item to have in the budget since the Board has the authority to modify the budget during the year if needed.
The Salesforce/Accenture Application
Prior to the LRP contract Accenture installed a customized Salesforce CRM application at NYCERS.
The current budgeted cost for that application was $5.78 million in FY-2025 and is $7.38 million in FY-2026.
I can not get mind around this total insanity. Just paying the bills for all this garbage would kill you.
Missing the Mark
In a very contrary way, NYCERS has significantly underspent its budget appropriation since 2019:
- 2024 - $130.3M
- 2023 - $105.8M
- 2022 - $105.0M
- 2021 - $84.4M
- 2020 - $77.7M
History from FY-1996 to FY-2026
| Fiscal Year | F/T Count | P/T Count | College Aides / Hourly | PS Budget | OTPS Budget | Fringe | Total | % Increase |
|---|---|---|---|---|---|---|---|---|
| 2026 | 501 | 30 | 16 | $55,860520 | $92,309,697 | $17,663,655 | $165,833,872 | -00.0013% |
| 2025 | 501 | 30 | 16 | $53,679,194 | $95,900,865 | $16,461,953 | $166,042,012 | 00.05% |
| 2024 | 501 | 30 | 16 | $54,290,508 | $98,040,138 | $13,633,903 | $165,964,549 | 13.37% |
| 2023 | 485 | 30 | 16 | $43,016,089 | $90,436,500 | $12,942,144 | $146,394,733 | 7.92% |
| 2022 | 483 | 30 | 16 | $38,397,943 | $85,531,063 | $11,719,465 | $135,648,471 | 37.94% |
| 2021 | 474 | 27 | 16 | $36,842,549 | $50,210,145 | $11,283,945 | $98,336,639 | 7.10% |
| 2020 | 438 | 27 | 16 | $35,262,139 | $45,862,557 | $10,689,350 | $91,814,046 | 4.97% |
| 2019 | 428 | 5 | 30 | $33,592,612 | $43,532,302 | $10,344,565 | $87,469,479 | 39.44% |
| 2018 | 415 | 5 | 30 | $31,704,410 | $21,832,718 | $9,194,015 | $62,731,143 | 3.55% |
| 2017 | 401 | 5 | 30 | $31,056,080 | $20,916,796 | $8,605,288 | $60,578,164 | 4.81% |
| 2016 | 392 | 5 | 30 | $30,233,989 | $19,407,619 | $8,155,517 | $57,797,125 | 4.70% |
| 2015 | 392 | 5 | 30 | $29,131,972 | $18,154,572 | $7,915,476 | $55,202,020 | 3.68% |
| 2014 | 383 | 5 | 30 | $26,813,635 | $18,761,240 | $7,669,819 | $53,244,694 | 2.18% |
| 2013 | 380 | 5 | 20 | $26,623,635 | $17,951,822 | $7,532,499 | $52,107,956 | 1.93% |
| 2012 | 372 | 12 | 0 | $25,756,827 | $18,781,428 | $6,603,649 | $51,122,139 | 1.14% |
| 2011 | 372 | 12 | 0 | $26,046,827 | $18,492,228 | $6,006,573 | $50,545,628 | 2.76% |
| 2010 | 372 | 12 | 0 | $26,046,827 | $17,777,228 | $5,362,640 | $49,186,695 | 1.88% |
| 2009 | 371 | 13 | 0 | $25,189,842 | $18,208,861 | $4,879,903 | $48,278,606 | 6.22% |
| 2008 | 371 | 13 | 0 | $23,597,857 | $17,259,313 | $4,799,066 | $45,656,236 | 10.80% |
| 2007 | 364 | 13 | 0 | $22,616,783 | $14,258,471 | $4,375,788 | $41,251,042 | 5.73% |
| 2006 | 342 | 13 | 0 | $20,255,911 | $14,683,855 | $4,076,823 | $39,016,589 | 1.01% |
| 2005 | 342 | 13 | 0 | $19,737,687 | $14,851,355 | $3,887,624 | $38,476,666 | *** |
| 2004 | 334 | 13 | 0 | *** | ||||
| *** | *** | |||||||
| 1996 | 154 | 0 | 30 | $6,199,709 | $2,573,715 | na | $8,773,424 | *** |
