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Office of the New York State Comptroller’s Seal

NYS Comptroller

Thomas P. DiNapoli

Coordinated Plan

For ERS Tier 3 and 4 Members

(Articles 14 and 15)

Vested Retirement Benefit

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You are eligible for a vested retirement benefit if you leave public employment before age 55 and you have five or more years of credited service. This means that when you reach age 55, you will be entitled to a retirement benefit based on your service and the salary earned when you were an active member.

Under Article 15, if you retire between age 55 and 62 with less than 30 years of service credit, you will receive a reduced pension. With at least 30 years of service, or if you are 62 or older at retirement, there is no reduction in your pension.

Your Vested Benefit

This benefit is calculated the same way as your service retirement benefit. However, it cannot be less than the value of your accumulated contributions with interest. For an explanation of your benefit, please refer to Service Retirement Benefits.

The vested retirement benefit is payable for your lifetime. You may elect one of several payment options to provide for a continuing payment to a designated beneficiary of your choosing after your death.


To receive your vested retirement benefit at the earliest possible date, file a retirement application within 90 days before your 55th birthday. If we receive your retirement application after your 55th birthday, your vested retirement will be effective the date the application is received.

Remember, it is up to you to file a retirement application when you become eligible and wish to receive your benefit.