- It is New Year's Eve and is the last day of the '70s. Kitty is having second thoughts about selling the house and moving to Florida, even though Red thinks she is happy they are moving. Donna has just broken up with Randy and is moving to college. Jackie realizes she loves Fez. Bob decides that he's moving to Florida and open a bait shop. Eric says he's coming home from Africa.—rocknrollunderdawg
- It is New Year's Eve and is the last day of the '70s. Kitty is having second thoughts about selling the house and moving to Florida, even though Red thinks she is happy they are moving. Kitty has been trying to tell Red that she does not want to move, but he very excited and Kitty never got a chance. Red returns Hyde all the money he had paid as rent over the years. He had put all the money into a savings account so that Hyde would have something to get him started when the time came.
Hyde uses the cash to get Red Packers season tickets and earns a hug from Kitty. Red has been on the waiting list for the season tickets forever and so this is a big deal. Red decides to give them away as he thinks Kitty wants to go to Florida. Kitty tells Red that she wants to stay in Point Place and Red agrees. Red says that he doesn't care where he lives so long as it is with Kitty.
Donna has just broken up with Randy and is moving to college. But she stays back to meet Eric before she leaves. But Eric misses his flight and is not back home in time before the year ends. Donna feels that Eric in inconsiderate and is happy that she is through with him.
Jackie realizes she loves Fez. They haven't kissed yet, as its weird. Fez says now that Jackie is not pushing him back all the time, its just awkward. Jackie cannot stop giggling. Kelso is back for the new year party with his friends. The gang assembles at the water tower to relive their memories of people falling down from the water tower. Hyde and Fez trick him into jumping from the water tower once more. Hyde convinces Kelso and Fez to jump off together to bring in the new year, but then only Kelso jumps.
Kelso is still doing security at the playboy club in Chicago. Fez and Jackie share their first official kiss at the water tower.
At the New Year eve's party, Red and Kitty announce that they are staying. Kitty gets nostalgic about everybody in the room. Fez has tea with Kitty, and they make fun of ice-skaters. Jackie is a doll and Kitty loves her back-handed compliments. Leo waves at Kitty and urinates on her mailbox. Bob eats everything that Kitty ever cooked for him. Hyde is her second son, and she adores him. Kitty says that she will always love Donna like a daughter, no matter where she goes. Laurie has not been heard of in a long time.
Donna needed some fresh air and was remembering all of her good times with Eric. Eric makes it back just in time before the new year is out. Donna tells Eric that she is starting college. Donna says that things are very different now. Eric says that he thought of Donna every day in Africa.
The gang has a last circle before the girls come in and tell that it's time to ring in the New Year. They call in the 80's together.
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