Plan Descriptions

Overview

Plan Descriptions

Each Summary Plan Description (SPD) booklet is a complete guide to your retirement plan and its provisions and benefits. The information is derived from applicable laws and rules that govern membership in each plan. Since these laws and rules can change, information may need to be amended from time to time. Where changes occur, an SPD Update accompanies the booklet, describing the relevant changes.

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Tier 2 SPD Cover Image

Tier 2 – Plan C, Plan D, and Plan CPP-I – Summary Plan Description (SPD)

INTRODUCTION

This booklet is called a Tier 2 Summary Plan Description or SPD for short. It is published by the New York City Employees’ Retirement System (NYCERS), and is intended to summarize all of the provisions relating to retirement plans, programs and other benefits offered to New York City employees who became members on or after July 1, 1973 and prior to July 27, 1976, or were otherwise made eligible for Tier 2 benefits. Laws affecting your pension tier or plan can be enacted in any given year, which may result in possible inaccuracies within this SPD.

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Tier 1 SPD Cover Image

Tier 1 – Plan A and Plan B – Summary Plan Description (SPD)

INTRODUCTION

This booklet is called a Tier 1 Summary Plan Description or SPD for short. It is published by the New York City Employees’ Retirement System (NYCERS), and is intended to summarize all of the provisions relating to retirement plans, programs and other benefits offered to all New York City employees, who became members prior to July 1, 1973. Laws affecting your pension tier or plan can be enacted in any given year, which may result in possible inaccuracies within this SPD.