N.Y. Comp. Codes R. & Regs. tit. 2 § 325.2

Current through Register Vol. 46, No. 43, October 23, 2024

Section 325.2 - Tiers of membership in new york state and local employees' retirement system

(a) Members who last joined the New York State and Local Employees' Retirement System on or before June 30, 1973 shall be identified as tier one members.

(b) Members who last joined the New York State and Local Employees' Retirement System on or after July 1, 1973, but before July 27, 1976, shall be identified as tier two members.

(c) Members who last joined the New York State and Local Employees Retirement System on or after July 27, 1976, but before September 1, 1983, shall be identified as tier three members, except for those members who have irrevocably waived coverage under article 14 of the Retirement and Social Security Law in connection with electing a special plan provided under article 15 of such law.

(d) Members who:

(1) last joined the New York State and Local Employees' Retirement System on or after September 1, 1983, but before January 1, 2010; or

(2) joined such system on or after July 27, 1976 and before September 1, 1983 and who irrevocably waived coverage under article 14 of the Retirement and Social Security Law and elected coverage under a special plan provided under article 15 of such law, shall be identified as tier four members.

(e) Members who last joined the New York State and Local Employees' Retirement System on or after January 1, 2010, but before April 1, 2012, shall be identified as tier five members.

(f) Members who last joined the New York State and Local Employees' Retirement System on or after April 1, 2012 shall be identified as tier six members.

N.Y. Comp. Codes R. & Regs. Tit. 2 § 325.2