See your Retirement E-News below or go directly to our website at:
Tier 6 Began April 1, 2012
Tier 6 affects members who join the Employees’ Retirement System (ERS) or
the Police and Fire Retirement System (PFRS) on or after April 1, 2012.
Current members (ERS Tiers 1, 2, 3, 4 and 5; PFRS Tiers 1, 2, 3 and 5) are
not affected by this new legislation.
Close to Retirement?
Pick Your Payment Option
When you retire, you must choose one of several different options for your
monthly pension benefit. Some offer you a reduced monthly benefit, but will
provide your beneficiary with a benefit after your death. Read our Payment
Option Descriptions page to learn more.
Payment Option Descriptions:
By the Way: Retirement Online is a helpful tool that allows you to view
your benefit information — such as your contribution and loan balances and
beneficiary designations — securely on our website. If you haven’t already
enrolled, take a few minutes to sign up now.
Retirement Online Signup:
Retirement Plans Booklets for each tier: