The Hybrid Option refers to the Tier 2 Hybrid Retirement System.
The Hybrid Option includes a pension, which provides monthly income for life once you quality. Depending on the pension contribution rate, you may get a possible employer 401(k) contribution or you may have to contribute out-of-pocket to fund your benefit.
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.
This brochure gives a brief overview of the Hybrid Option
» Hybrid Option Basics: Public Employees
» Hybrid Option Basics: Public Safety and Firefighter
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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