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Office of the New York State Comptroller’s Seal

NYS Comptroller

Thomas P. DiNapoli

Special 20- and 25-Year Plans

For PFRS Tier 1, 2, 3, 5 and 6 Members

(Sections 384, 384-d and 384-e)

Withdrawing Your Contributions and/or Your Membership

If you are a Tier 5 or 6 member and you leave public employment with less than ten years of credited service, you may end your membership and withdraw your accumulated required contributions (with interest compounded at 5 percent per year). To do this, you should file the Withdrawal Application (RS5014) Adobe pdf no earlier than 15 days after you leave public employment.

Once you have ten or more years of service credit, you cannot withdraw from the Retirement System. Any contributions you are required to make must remain in your account. When you reach age 55 (age 63 for Tier 6 members who are off payroll), you will qualify for a retirement benefit. It is up to you to apply for your retirement benefit at that time.