Tag Archives: ny

NYSLRS – One Tier at a Time: PFRS Tier 5

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 final post in our series looks at Tier 5 in the Police and Fire Retirement System. Anyone who joined PFRS from January 9, 2010 through March 31, 2012­ is in Tier 5. There are 1,731 PFRS Tier 5 members as of March 31, 2015, making them the third largest tier group in PFRS.PFRS-Tier-5-BenefitsIf you’re a PFRS Tier 5 member, you can find your retirement plan publication from the list below for more detailed information about your benefits:

Want to learn more about the different NYSLRS retirement tiers? Check out some earlier posts in this series: