MTA Tier 6 Pension Calculator: Estimate Your Benefits If You Were Hired After 2012
If you joined the MTA on or after April 1, 2012, you're in Tier 6. Use this calculator and guide to estimate your retirement benefits under the Tier 6 rules.
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Calculate your estimated pension benefits based on your service and salary information
Average of your highest 3 consecutive years of salary
Fill out the form to calculate your estimated pension benefits
Vesting: You need at least 10 years of service to be eligible for a pension
Full Benefits: Available at age 62 with 10+ years or age 55 with 30+ years
Maximum Benefit: Pension cannot exceed 100% of your final average salary
How the Tier 6 Formula Works
Tier 6 averages your highest 5 consecutive years of salary (versus 3 years in older tiers).
1.67% per year for the first 20 years, then 2% per year for service beyond 20 years.
Full retirement age is 63. Retiring earlier reduces your benefit permanently.
Frequently Asked Questions
Tier 6 covers most MTA employees hired on or after April 1, 2012. Your tier is determined by your date of membership in the pension system.
Tier 6 uses a 5-year Final Average Salary and a graded multiplier: 1.67% per year for the first 20 years, 35% for 20 years exactly, then 2% per year beyond 20 years. The full retirement age is 63.
Tier 6 members contribute a percentage of their salary that varies from 3% to 6% based on their wages — higher earners contribute a higher percentage.
Tier 6 members can retire with full benefits at age 63. Early retirement is possible at 55 but comes with a permanent reduction of up to 6.5% per year before age 63.
Related Guides
See how Tier 6 compares to the older Tier 4 plan.
Learn MoreUnderstand the full formula, eligibility, and vesting rules.
Learn MoreReal estimates after 10, 20, and 30 years of service.
Learn MoreReady to Calculate Your Pension?
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