Tier 6 Pension Benefits for Detective Investigators
For employees of any of the five NYC District Attorneys or the Special Narcotics Prosecutor who work as Detective Investigators (DI) and who join NYCERS on or after April 1, 2012, retirement benefits are now subject to Tier-6 pension legislation (Chapter 18 of the Laws of 2012). The Tier 6 legislation does not actually create a new tier but in fact imposes significant benefit reductions on existing Tier 3 and 4 benefits structures. Prior to this date, Detective Investigators were subject to Tier-2 (Article 11/NYS-RSSL) and its associated Detectives Investigator retirement plans.
For more detailed information about Tier 6, click here.
NYCERS members who are employed as DA Investigators are eligible for Tier 2 benefits and have the option of electing two special retirement plans, the 20-Year Retirement Plan and the 25-Year Retirement Plan. The 25-Year Plan became effective July 30, 1996 and the 20-Year Plan started on November 16, 2004. Both of the plans are optional for all DIA members hired prior to 2012.
As of November 16, 2004, state law created a new 20 year retirement plan for DIA members. All new and existing DIA members were eligible to elect the new 20 Year Plan within the familiar 180 day election period. Again this plan is optional.