The State Employee’s Retirement System (SERS) is composed of three (3) tiers commonly referred to as Tier I, Tier II, and Tier IIA and all are defined benefit plans. As a new employee, you may only join Tier IIA (or for any employees who were hired on or after July 1, 1997). Tier IIA requires a 2% contribution. For more information on SERS, please visit the State Comptroller’s website.
For a comparison of all the available retirement plans, please see here.