When you join the New York State and Local Retirement System (NYSLRS), you’re assigned a tier based on the date of your membership. There are six tiers in the Employees’ Retirement System (ERS) and five in the Police and Fire Retirement System (PFRS). Each tier has a different benefit structure established by New York State legislation. Our series, NYSLRS – One Tier at a Time, walks through each tier to give you a quick look at the benefits in both ERS and PFRS.
Today’s post looks at ERS Tier 6, which includes anyone who joined ERS since April 1, 2012. There were 166,532 ERS Tier 6 members as of March 31, 2017, making them the second largest tier group in ERS.
The graphic below illustrates basic retirement information for Tier 6 members.
Where to Find More ERS Tier 6 Information
ERS Tier 6 members can find more details about their benefits in the publications listed below:
- Retirement Plan for ERS Tier 6 Members (Article 15) (VO1530)
- State Correction Officers and Security Hospital Treatment Assistants Plan For ERS Tier 6 Members (Article 14-CO) (VO1526)
- Sheriffs, Undersheriffs & Deputy Sheriffs for ERS Tier 6 Members (Article 14-B: Sections 551, 552 & 553) (VO1841)
For benefit information about special plans for other job titles, please visit our Publications page.
Stay tuned for more NYSLRS – One Tier at a Time posts. Want to learn more about the different NYSLRS retirement tiers? Check out some earlier posts in the series: