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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 2, 3, 5 and 6 Members

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

Full- and Part-Time Service Credit

Full-Time Employment

If you join PFRS on your first day working for a participating employer and you work on a full-time, continuous basis, your service credit is simply the difference between your start date and the present date or, should you leave paid employment, your date of departure.

Part-Time Employment

For Tier 2, 3, 5 and 6 members, one year of part-time employment is credited as the lesser of:

number of days reported* ÷ 260 days

or

annual earnings reported ÷ (State’s hourly minimum wage × 2,000)

*As reported by your employer.