|Office of the State Comptroller
Retirement Services Division
|Tier I - Retirement Basics
Updated February 2018
Welcome to the Tier I Retirement Counseling Workshop. Our goal is to provide the same information in this setting that we provide in our traditional counseling sessions. This is not meant to cover every retirement provision or detail. But rather, this is a general explanation of the most important retirement issues and considerations. This workshop incorporates the latest changes to the Tier I retirement plan as a result of SEBAC 2017 agreement.
If you fall within our target audience-current Tier I state employees transitioning directly from state employment into retirement-we hope to provide you with the information you will need to make informed retirement decisions.
While this workshop is meant to be helpful and informative, nothing contained in it should be considered a promise or contract. The applicable retirement statutes, regulations, and decided cases that construe them are the governing law. The Retirement Services Division reserves the right to revise, change or revoke without notice the information, rules and procedure detailed in this workshop.
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