PSPRS Online Services:

Tier 3


Retirement benefits for Tier 3 members.


Tier 3 Retirement Benefits

Membership Date

On or after July 1, 2017

Plan Type

Defined benefit (DB) or DB and defined contribution (DC) 401(a),
depending on Social Security status of employer

Defined contribution (DC) 401(a) only

Wage Index

Pensionable income and DC employer matching limit of $140,952 per A.R.S. §38-843.04; set every three years

Average Monthly Salary

determined by

Highest 5 consecutive years within the last 15 years of credited service*

Not Applicable

Early Retirement

15 years credited service & Age 52.5 (need not be mutually attained)

Not Applicable

Early Calculation

Actuarially reduced benefit

Not Applicable

Normal Retirement

(age and service)

15+ years of service & minimum age 55 (need not be mutually attained)

No early withdrawal penalty if member separates/retires at 50 years or older. All withdrawals subject to income tax, IRS rules. Member fully vested in employer contributions after 10 years of service


(80% max)

15 to <17 years – 1.50%

17 to <19 years – 1.75%

19 to <22 years – 2.00%

22 to <25 years – 2.25%

25+ years – 2.50%

Not Applicable


Average monthly salary x credited service x multiplier
= gross monthly pension

Not Applicable

Disability Benefits

All types of disability (Accidental, Catastrophic, Ordinary and Temporary)

Disability benefits are limited to workplace related injuries; (Accidental, Catastrophic and Temporary)

Disability Calculation

Varies depending upon type of disability, credited service and statute calculation

Based upon Tier 3 DB member benefit but reduced by amount equal to the monthly annuitized value of DC account

Line of Duty Death

Survivor benefits for eligible spouse and/or eligible children. Absent eligible spouse or children, the balance of member’s contributions, if any, are paid to named beneficiaries on file

Survivor benefits for eligible spouse and/or eligible children. Actuarially offset by balance of member’s DC account. Absent eligible spouse or children, beneficiaries receive balance of the DC account

Post-Retirement Survivor Benefits

If married for at least 2 consecutive years at the time of the retiree’s death

Not Applicable

Post-Retirement Survivor Calculation

80% of the primary retiree’s gross benefit prior to death

Not Applicable

Cancer Insurance Program

The PSPRS Cancer Insurance Program provides active and eligible retired firefighters and peace officers with payments for cancer diagnoses and reimbursements for treatment-related expenses

*Credited service includes employment periods in which the member and employer are contributing to the plan, and any transferred or purchased credited service from other retirement plans. Periods of unpaid leave are not considered credited service and are not counted towards normal retirement benefits

Retirement benefit estimates

PSPRS members may estimate their monthly retirement benefit payment by using the Retirement Benefits Estimator located in the Members Only portal.

PSPRS members and retirees can check their 401(a) defined contribution balances through their account or by contacting Nationwide Retirement Services by calling  1-855-297-8228 or emailing  [email protected] for assistance.

PSPRS members are encouraged to contact PSPRS for consultation services to request benefit estimates, retirement packets, applications for disability or survivor benefits information.