State University Police Plan

For PFRS Tier 1, 2, 3, 5 and 6 Members, (Section 383-d)

Service Retirement Benefit

State University Police Plan
For PFRS Tier 1, 2, 3, 5 and 6 Members
(Section 383-d)

Eligibility

You may retire at any age after completing 25 years of SUNY police service, or you may qualify for a service retirement if you reach age 60 before having served 25 years as a SUNY police officer.

The Benefit

With 25 years of creditable service, your benefit will equal 2 percent of your Final Average Salary (FAS) for each year of SUNY police service. For each year of service beyond 25 years, including service other than as a SUNY police officer, you will receive an additional 1.66 percent of your FAS, up to a maximum of 15 years for Tier 1 members and seven years for Tier 2, 3, 5 and 6 members.

Your total benefit cannot exceed 75 percent of your FAS if you are a Tier 1 member, or 61.67 percent of your FAS if you are a Tier 2, 3, 5 or 6 member.

If you retire at age 60 before completing 25 years of service, you will receive a benefit equal to 2 percent of your FAS for each year of SUNY police service and 1.66 percent of your FAS for each year of non-SUNY police service. Your total benefit may not exceed one-half (50 percent) of your FAS.

Filing

The Application for Service Retirement (RS6037) must be on file with the Office of the State Comptroller at least 15 days, but not more than 90 days, before the date on which your retirement will occur. The 15-day filing requirement is waived if you are over age 70 at retirement.