Bill
Bill > S00795
NY S00795
NY S00795Increases the amount of money a public retirement system retiree may earn in a position of public service in the year 2020 and thereafter to $50,000.
summary
Introduced
01/09/2019
01/09/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
AN ACT to amend the retirement and social security law, in relation to increasing the retiree public earnings cap The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1
AI Summary
This bill amends the Retirement and Social Security Law to increase the earnings cap for public retirement system retirees working in public service positions from $30,000 to $50,000 in 2020 and thereafter. The existing earnings cap had been in place since 2007, and this change will allow retirees to earn up to $50,000 in these positions without affecting their retirement benefits.
Committee Categories
Labor and Employment
Sponsors (2)
Last Action
REFERRED TO CIVIL SERVICE AND PENSIONS (on 01/08/2020)
Official Document
bill text
bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://assembly.state.ny.us/leg/?default_fld=&bn=S00795&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y | 01/09/2019 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S00795&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S00795 | 01/09/2019 |
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