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Tier 2 Elections

Number of Tier 2 Employees

Hired After July 1, 2011; as of July 1, 2024

Tier 2 Employees Hired 124,624
Tier 2 Employees Terminated 56,511
Tier 2 Active Employees 68,113

Tier 2 Elections of Active Employees

Hired After July 1, 2011 | 68,113 Active Employees | as of July 1, 2024

Count     Percentage
Hybrid Retirement System 45,040 77.9%
DC-only Plan 12,792 22.1%
Still within first year and can choose 10,281

Tier 2 Elections of Terminated Employees

Hired After July 1, 2011 | 56,511 Terminated Employees | as of July 1, 2024

Count    Percentage
Hybrid Retirement System 43,937 80.1%
DC-only Plan 10,889 19.9%
Still within first year and can choose 1,685