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 Tier 6 in the Employees’ Retirement System. Anyone who joined ERS on or after April 1, 2012 is in Tier 6. There are 91,607 ERS Tier 6 members as of March 31, 2015, making them the second largest tier group in ERS.
If you’re an ERS Tier 6 member, you can find your retirement plan publication from the list below for more detailed information about your benefits:
- 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)
Be on the lookout for the last NYSLRS – One Tier at a Time post next month. Want to learn more about the different NYSLRS retirement tiers? Check out some earlier posts in the series: