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- Class A: This pension is paid to employees who have worked for the city in a position that is considered hazardous or requires a high level of physical fitness.
- Class B: This pension is paid to employees who have worked for the city in a position that is less hazardous than Class A but still requires a high level of physical fitness.
- Class C: This pension is paid to employees who have worked for the city in a position that is considered safe and does not require a high level of physical fitness.
- Understanding which class your pension falls under can impact your payment due dates and other benefits.
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Whether you're TA, OA or MTA Bus, we've got you covered! Tune in and learn the basics of your Learn about Cost-of-Living Adjustment (COLA) eligibility criteria for New Yorkers who are eligible for a pension through NYCERS (New York City Employees' Retirement System) may be wondering about the payment due dates. Here's a clear explanation of the key factors to consider. NYCERS provides pensions to eligible city employees, retirees, and beneficiaries. To receive a pension, you typically must have worked for the city for at least 10 years and met the eligibility requirements. There are different types of pensions, including:
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