Bill > S05579

This bill amends the New York State Retirement and Social Security Law to increase the earnings limitation for retired public service workers. Currently, retirees are limited to earning $35,000 annually in public service positions through 2025. The bill raises this cap to $65,000 starting in the year 2026, which means retired public employees can now earn significantly more money while continuing to work in public service roles without losing their retirement benefits. The bill represents a gradual evolution of earnings limitations for retirees, which have been incrementally adjusted over the years from $12,500 in 1996 to the current $35,000, and now proposing $65,000 for 2026 and beyond. This change could help municipalities and public sector organizations retain experienced workers who might otherwise fully retire, while also providing additional financial flexibility for retirees who wish to continue working in public service.

Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/S5579