Serving New York Educators Since 1921

2002 State Retirement Incentive

The following chart shows how much additional service credit you would receive under the 2002 State Retirement Incentive. If eligible, you would receive one-twelfth of a year of additional credit for each year of service earned, up to a maximum of three years.

Note: Tier 1 and 2 members eligible for credit under Benefit Enhancement (Article 19), should add that credit to their total BEFORE referencing the following table.

Years-Months		Years-Months	Years-Months
2002 State Retirement Incentive Credit

If your existing service credit is:			Then your credit is:
2 - 0	thru	2 - 6	0 - 2
2 - 7	thru	4 - 0	0 - 3
4 - 1	thru	5 - 3	0 - 4
5 - 4	thru	6 - 6	0 - 5
6 - 7	thru	8 - 0	0 - 6
8 - 1	thru	9 - 3	0 - 7
9 - 4	thru	10 - 6	0 - 8
10 - 7	thru	12 - 0	1 - 0
12 - 1	thru	13 - 3	1 - 1
13 - 4	thru	14 - 6	1 - 2
14 - 7	thru	16 - 0	1 - 3
16 - 1	thru	17 - 3	1 - 4
17 - 4	thru	18 - 6	1 - 5
18 - 7	thru	20 - 0	1 - 6
20 - 1	thru	21 - 3	1 - 7
21 - 4	thru	22 - 6	1 - 8
22 - 7	thru	24 - 0	2 - 0
24 - 1	thru	25 - 3	2 - 1
25 - 4	thru	26 - 6	2 - 2
26 - 7	thru	28 - 0	2 - 3
28 - 1	thru	29 - 3	2 - 4
29 - 4	thru	30 - 6	2 - 5
30 - 7	thru	32 - 0	2 - 6
32 - 1	thru	33 - 3	2 - 7
33 - 4	thru	34 - 6	2 - 8
34 - 7	thru	36 - 0	3 years
36-0 or greater			3 years

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