Special 20- and 25-Year Plans

For PFRS Tier 2, 3 (Article 11), 5 and 6 Members, (Sections 384, 384-d and 384-e)

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Special 20- and 25-Year Plans
For PFRS Tier 2, 3 (Article 11), 5 and 6 Members
(Sections 384, 384-d and 384-e)

This retirement plan summary describes the benefits available to Tier 2, 3 (Article 11), 5 and 6 members of the Police and Fire Retirement System (PFRS) covered by the special 20- and 25-year retirement plans. (There is no Tier 4 in PFRS.) These benefits are provided by Sections 384, 384-d and 384-e of the New York State Retirement and Social Security Law (RSSL) as enacted by the New York State Legislature.

If you joined PFRS July 1, 2009, through January 8, 2010, you may not be covered by the benefits described in this publication, even if your employer has adopted and you have elected one of these special plans. NYSLRS is required to compare the employer’s special plan cost to the cost of the Article 14 plan and assign you to the less costly plan. Based on our analysis, we believe that:

  • If your employer offers a special 25-year plan and the one-year FAE or a special 20-year plan (regardless of FAE), and if you choose the special 20- or 25-year plan, you will be covered under Article 14. The benefit information in this summary does not apply to you. View your Article 14 plan book for more information.
  • If your employer offers a special 25-year plan but not a one-year FAE, and if you choose the special 25-year plan, you will be covered by that special 25-year plan. The benefit information in this summary does apply to you.

PFRS members employed by the City of Yonkers, who joined July 1, 2009, through January 8, 2010, are covered under Article 14. The information in this summary does not apply to you.

This publication has made reference to “Sections” and “Articles” that refer to the RSSL, as enacted by the New York State Legislature. The New York State and Local Retirement System (NYSLRS), headed by the New York State Comptroller, administers these plans. Our main office is in Albany, New York.

 


This publication is a general summary of membership benefits, rights and responsibilities, and is not a substitute for any New York State or federal law. For specific information about your benefits, please contact us.

© 2021, New York State and Local Police and Fire Retirement System
VO1517
(Rev. 8/21)