Hybrid Option

The Hybrid Option refers to the Tier 2 Hybrid Retirement System. This is a retirement option for the Tier 2 Public Employees Contributory Retirement System and the Tier 2 Public Safety and Firefighter Contributory Retirement System.

The Hybrid Option combines a pension and a possible employer 401(k) contribution, depending on the pension contribution rate. A pension provides a lifetime income stream based on a set formula.

Learn the Basics of Your Benefit

This brochure gives a brief overview of the Hybrid Option

» Hybrid Option Basics: Public Employees

» Hybrid Option Basics: Public Safety and Firefighter

Detailed Information About Your Benefit

The Highlights brochure provides detailed terms and conditions about your benefit 

» Tier 2 Public Employees Highlights Brochure

» Tier 2 Public Safety and Firefighter Highlights Brochure

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