Special 20- and 25-Year Plans

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

Vested Retirement Benefit


If you leave public employment before retirement age, but have met the minimum service requirement, you will be eligible for a vested retirement benefit when you do reach retirement age. Your benefit will be based on your service and your earnings as an active member.

  • Tier 2 and 3 members must have five years of service credit.
  • Tier 5 and 6 members must have ten years of service credit.

The date you are eligible to collect a vested retirement benefit depends on your tier.

  • Tiers 2 and 3 — the first of the month following your 55th birthday.
  • Tier 5 — your 55th birthday.
  • Tier 6 — your 63rd birthday.

The Benefit

Your vested retirement benefit is 1.66 percent of your FAS for each year of service credit. The benefit is payable for life, and you may elect one of several pension payment options to provide a continuing payment to a beneficiary of your choosing after you die.


To receive your vested retirement benefit as soon as possible, file a retirement application as early as 90 days before you are eligible. If we receive your application after you become eligible, your vested retirement will be effective on 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.