Pension Estimator TIER 2
Estimate your NYC Fire Pension Fund allowance. Formulas drawn from the Fund's ACFR (Tiers I & II).
Tier 2 only. Uses the Improved Benefits Plan formulas (appointed 7/1/1973–6/30/2009). Appointed on/after 7/1/2009 you're Tier 3 — this won't be accurate for you.
From your pension statement (optional)
Excess contributions — keep as annuity? (optional)
Longevity bonus (25+ years)
VSF supplement
Longevity bonus (law since May 26, 2026): Chapter 58 of the Laws of 2026 (Part AAA) adds a bonus at 25 years of uniformed FDNY service: 5% of the highest grade of pay for the rank you retire in is added to the salary your pension is figured on, plus 1 point for each year past 25, up to 15% at 35. The $140,392 default is the 2024 firefighter top grade from the city actuary's fiscal note — enter your rank's current top pay. The law doesn't say how it treats disability retirements or prior EMS/city service, so this tool applies it to service retirements only. Confirm with the UFA or the Fire Pension Fund.
VSF supplement: FDNY service retirees with 20+ years receive a $12,000/yr Variable Supplements Fund benefit, paid as a lump sum (around December 15, prorated the first year). It is separate from your pension, fixed by law (unchanged since 2011), and is not paid to disability retirees.
How it's figured: Service = 50% of final salary + 1/60 of your total earnings (incl. overtime) after your 20th anniversary (each year past 20 adds 1/60 of that year's pay, so 10 years past 20 = 10/60ths of your average yearly earnings), plus 1/80 × your average yearly earnings over the last 5 years × years of other credited NYC service. Accidental disability = 75% of final salary + the same 1/60 of post-20 earnings. Ordinary disability = 33⅓% of final average salary (under 10 yrs), 50% (10+ yrs), or 1/40 × final average salary × years (20+ yrs). If you leave post-20 earnings blank, it's estimated as final salary × years past 20. If you leave the 5-year average blank, FAS is used as a stand-in.
Educational estimate only — not an official benefit calculation. ITHP and annuity values depend on figures only the Pension Fund can certify; Kingston limits, option reductions, COLAs, and shortages all affect your real number. For an official estimate, contact the NYC Fire Pension Fund (929-436-0099).
These tools are a starting point. For planning tailored to your situation — your FDNY pension, VSF, and what comes next — reach out to John D. Traut, financial advisor with J.M. Franklin & Company, LLC:
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Important — please read
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment, tax, or legal advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
For educational and informational use only. These calculators are simplified tools to help you explore general concepts. They are not financial, investment, tax, insurance, legal, or accounting advice, and are not a recommendation or offer to buy, sell, hold, roll over, or replace any product, security, or strategy.
No guarantee of accuracy. All results are estimates based on the figures you enter and simplified formulas. Tax rates and rules change and may not reflect your situation. Investment returns shown are hypothetical, are not guaranteed, and do not account for fees, taxes, inflation, or market loss. Past performance does not indicate future results.
No reliance. Do not rely on these outputs to make financial decisions. Your personal circumstances — including your FDNY pension, VSF rules, and survivor benefits — materially affect outcomes. Consult qualified, licensed professionals before acting.
This site is an independent tool and is not affiliated with, endorsed by, or sponsored by the City of New York or the Fire Department of the City of New York.