28 employees reported this benefit
If you make no money they take less money therefore your pension will be low very low
Very good pension plan provided by NYCERS. I not only do you have money taken out of your paycheck and deposited for your pension you also have the opportunity to take the money out on load without taxes once a year
I like the possibilities that will be available
NYCERS tier 6 is horrible- poor newbies. Older tiers are great even one option to retire at 57 with full benefits.
Pension plan is deducted from our biweekly paycheck at a set rate.
the best is that if your came in in the 1980 you get to leave at the age of 55