Application for Disability Retirement - Tier 6 63/10 and Special ... 2025

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Tier 5: Tier 5 covers members who joined from January 1, 2010, through March 31, 2012. With 35,569 members, Tier 5 represented 5.2 percent of membership. Tier 6: This tier covers members who joined since April 1, 2012.
Who is a Tier 6 member? A Tier 6 member is someone who joins the New York City Employees Retirement System (NYCERS) on or after April 1, 2012, except: Members of the Uniformed Force of the NYC Department of Correction. Members of the Uniformed Force of the NYC Department of Sanitation.
Tier 6 is a defined benefit plan that provides pension benefits based upon final average pay and years of service. This plan provides service, disability and survivor pension benefits as well as retiree health insurance subsidies to eligible sworn members and certain qualified survivors.
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Who is a Tier 6 member? A Tier 6 member is someone who joins the New York City Employees Retirement System (NYCERS) on or after April 1, 2012, except: Members of the Uniformed Force of the NYC Department of Correction. Members of the Uniformed Force of the NYC Department of Sanitation.
Most Tier 6 members are eligible for a service retirement benefit at age 63, or they can choose to retire as early as age 55 with a reduced benefit.
Tier 5 and 6 Members: You must have at least five years of service credit. You are eligible to retire with full benefits at age 62, or may choose early retirement with a reduced benefit between ages 55 and 62.
Tier 6 increased retirement contributions from 3% for all workers under previous pension tiers systems to a new banded system where employees contribute between 3% - 6% of their salary based on earnings, including overtime earnings. Tier 6 increased the time it takes to vest in the system from 5 years to 10 years.
Tier 6 ERS and Tier 6 PFRS Your FAE is based on the average of your highest five consecutive years of earnings. Earnings in any 12-month period cannot exceed the average of the previous four years by more than 10 percent. Any amount over the 10 percent will be excluded from your FAE calculation.

nycers tier 6 changes 2022