COPERS Retirement Guide
The COPERS Retirement Guide provides valuable information regarding the City of Phoenix Employees' Retirement System (COPERS) plan in general and information concerning the retirement benefit structure for all employees in all three tiers. To view the guide, please click on the below link.
Estimated Impact of Sick Leave Snapshot Change on COPERS' Pension (Tier 1 Members Only)
Your pension is calculated on your high three years of compensation (consecutive years) within your last ten years. For most employees, your last three years preceding your retirement are the highest. Any loss of compensation within this three year period will decrease your pension amount. Service credit is not impacted as long as 80 hours are worked each month.
Sample Reductions to Pensions due to Sick Leave Snapshot:
Members will be granted service credit for unused sick leave after receiving any eligible payment for unused sick leave as authorized by the City.