Welcome to the Public Safety Personnel Retirement System! If you are a new PSPRS employee (Membership Tier 3) and it is determined by your Local Board that you meet the requirements of membership eligibility, you have 90 days from the date you were hired to elect to either join the PSPRS defined benefit (DB) plan, or the PSPRS defined contribution (DC) plan. If you do not make a choice within 90 days, you will automatically be enrolled in the DB plan. The choice you make is irrevocable for the rest of your PSPRS-related career, so we encourage you to spend some time learning about your options.
Step 1: Educate Yourself. Several resources are available to help you make your choice about which retirement plan you will enroll in--the defined benefit (DB) plan, or the defined contribution (DC) plan. Links to those resources are available below.
Step 2: Register on the Members Only portal. You can click here to access the Tier 3 Members Only portal. The first time you enter Members Only, click on "Forgot password?" and follow the directions to create a new account. You'll need to use the email address your employer provided to PSPRS when you were hired. An email will be sent to your email address to complete the registration process.
Step 3: Create a Members Only Password. When you click on the link in the registration email you'll receive from PSPRS, you'll be brought to a "Reset Password" page where you'll create a password. This is the same screen you may use in the future if you ever forget your password or want to reset your password. When you've created and confirmed your password, click on the "Reset" button.
Step 4: Log in to the Members Only Portal. Now that you have registered, click on Members Only and log in using your email address and password.
Step 5: Select a Plan. Once you're in the Members Only portal, click on the "Plan Elections" button on the left hand side menu. That button is only available if you're a new Tier 3 member within the first 90 days of being hired. After 90 days the button will disappear and you will no longer be able to make or change your election. Before selecting your pension plan you will be required to watch 3 short videos and sign acknowledgements that show you understand the basics of the two plans. Then you will make your election.
Step 6: Choose Your Contribution Rate (DC Plan Only). If you choose to join the Defined Contribution (DC) plan, you will be able to select your contribution rate. You must contribute at least 9% of your pensionable wages, and the default is 9%. If you would like to contribute more you may choose to do so, but you will be required to pay the higher rate for the rest of your PSPRS-covered career. If you choose to join the Defined Benefit (DB) plan and your employer does NOT pay into Social Security, you will also be required to pay at least 3% of your pensionable wages to the Defined Contribution plan at the same time you are paying into the Defined Benefit plan. The default rate is 3%, but you may choose to contribute at a higher rate. If you select a higher rate, you will have to pay that higher rate for the rest of your PSPRS-covered career any time you work for an employer that does not pay into Social Security on your behalf.
Step 7: Acknowledge Your Election. Once you've made your elections, initial the final election confirmation and click on the "Save" button. You may change your election at any time within the first 90 days of when you were first hired, but it becomes irrevocable at the end of the 90th day. Congratulations, you are now enrolled! Contributions will begin with the pay period that includes your 91st day after hire. Please contact your employer for payroll-related questions or concerns.
NEW MEMBER RESOURCES
Side-By-Side Comparison of the DB and DC Plans
Defined Benefit vs. Defined Contribution Plans
SEMINARS & COUNSELING
PSPRS has contracted with Public Safety Financial/Galloway to provide educational seminars and one-on-one counseling at no cost for new members who want help determining which plan might be the best fit for them.
Note: PSPRS has hired Public Safety Financial/Galloway for educational purposes only. PSPRS does not endorse Galloway for any fee-based services their company provides.
PSPRS has contracted with Nationwide Retirement Solutions to be the third party administrator for the Defined Contribution plan. For more information about the fund options you would have should you choose to belong to the DC Plan, click on the following links:
For additional resources, Plan summary, guide books and forms, you may access our Forms & Resources webpage and for the latest news and information, we encourage you to Sign Up for News and Updates. To estimate future benefits, you may access your Members Only online account, or contact your Local Board for an estimate, or retirement packet. If you are not certain who the Local Board contact person is, please Contact Us, or visit our Applying for Benefits webpage for retirement information.