Masonry tie is provided having a base and a retainer plate. The base has back plate and a shaft extending from the back plate. The shaft has a plurality of teeth. The retainer plate has a receiving opening configured to receive the shaft. The retainer plate has a locking arm adjacent the receiving opening. The locking arm is biased to engage at least one of the plurality of teeth when the at least one of the plurality of teeth is adjacent the locking arm to releasably prevent the retainer plate from moving in at least one direction.