Basic Plan with Increased-Take-Home-Pay (ITHP)

For PFRS Tier 1, 2, 5 and 6 Members, and Tier 3 Members Covered by Article 11, (Sections 370-a, 371-a & 375)

Ending Your Membership

Basic Plan with Increased-Take-Home-Pay (ITHP)
For PFRS Tier 1, 2, 5 and 6 Members, and Tier 3 Members Covered by Article 11
(Sections 370-a, 371-a & 375)

Once you join, there are five ways your membership can end:

  • If you do not have at least five years of credited service and seven years have elapsed since you last worked for a participating public employer;1
  • If you are not vested, leave public employment and voluntarily withdraw your membership;
  • If you transfer your membership to another New York State public Retirement System;
  • If you retire; or
  • If you die.

“Public employment” means paid service as an officer or employee with an employer that participates in the New York State and Local Retirement System.

 


1Updated 10/22