Broker Check


Recent legislation changed the calculation methods and retirement age for some PERS and TPAF members. A PERS or TPAF member will be enrolled under one of five membership tiers.

Membership Tier 1 — Enrolled prior to July 1, 2007.

Membership Tier 2 — Enrolled on or after July 1, 2007, and prior to November 2, 2008.

Membership Tier 3 — Enrolled on or after November 2, 2008, and on or before May 21, 2010.

Membership Tier 4 — Enrolled after May 21, 2010 and prior to June 28, 2011.

Membership Tier 5 — Enrolled on or after June 28, 2011.

There are several types of retirement that vary by membership tier. 

The Lincoln Investment family of companies nor any of its representatives is affiliated with the New Jersey Public Employees' Retirement System (PERS) and Teachers’ Pension and Annuity Fund (TPAF); and PERS and TPAF do not sponsor, authorize or endorse the retirement educational services described in this or other communications of Lincoln Investment.