Skip to Content

Office of the New York State Comptroller’s Seal

NYS Comptroller

Thomas P. DiNapoli

Tier 6 Benefit Information

Highlights of PFRS Tier 6 Benefits

These are the major Police and Fire Retirement System (PFRS) benefits affected by Tier 6. Benefits not described here have not changed.


  • Members must contribute toward their pension benefits with some exceptions. Members enrolled in retirement plans limiting the amount of creditable service they may accrue are not required to contribute once they reach the maximum amount of service allowed by their plan. Also, members covered by a collective bargaining agreement in effect on January 9, 2010 that requires the employer to offer a special 20– or 25–year plan may not contribute.
  • From 4/1/2012 through 3/31/2013, Tier 6 members contributed 3 percent of their gross salary.
  • Beginning 4/1/2013, the percentage is based on the member’s wages.
Wages Contribution Rate
$45,000 or less 3%
$45,000.01 to $55,000 3.5%
$55,000.01 to $75,000 4.5%
$75,000.01 to $100,000 5.75%
More than $100,000 6%
  • PFRS Tier 6 Members can borrow against their contributions once they meet eligibility requirements.

Reportable Salary Limit

  • Reportable salary may not exceed the salary of the Governor of the State of New York, which is set by law and is currently $179,000.
  • If the Governor’s salary changes, the reportable salary limit would change accordingly.
  • If a member reaches the reportable salary limit, you should not deduct contributions from any salary paid in excess of the limit.
  • You should continue to report all salary paid, days worked and any loan and/or arrears payments on your monthly report.

Overtime Limit

Overtime pay in excess of 15 percent of a member’s regular annual wages cannot be used in the calculation of a member’s final average salary.

Other Earnings Limitations

Earnings from more than two separate employers in any one year will be excluded from the definition of wages for Retirement System purposes.

Final Average Salary (FAS)

  • FAS is the average of the highest five consecutive years of reportable salary subject to limits. Any year of salary used in the FAS calculation cannot exceed the average of the previous four years by more than 10 percent.
  • Lump sum payments at retirement for accumulated vacation will not be included in an FAS calculation.

Service Retirement Eligibility

  • Members must have 10 years of service credit to be vested and eligible for a service retirement benefit.
  • Members in regular plans can still retire at age 62 with an unreduced service retirement benefit or between ages 55 and 62 with a reduced benefit. Regular plans are those that permit retirement after the member has attained a certain age and earned a certain amount of service credit.
  • Members in special plans can retire after completing their plan’s minimum service requirement regardless of age.
  • Vested members no longer on the payroll of a participating employer cannot retire until age 63.

Service Retirement Benefit

Service retirement benefits have not changed.

(Rev. 4/14)