Bill > A06978

This bill amends the New York State retirement and social security law to increase the amount of money that public retirement system retirees can earn while working in a public service position in the year 2026 and thereafter from $35,000 to $50,000. The bill modifies an existing earnings limitation table that has been gradually increasing the cap on retiree earnings since 1996. Currently, retirees can earn up to $35,000 in public service positions from 2020 through 2025, but the new legislation will raise this limit to $50,000 starting in 2026. This change allows retired public servants to supplement their retirement income by continuing to work in public service roles with a higher earnings threshold, potentially providing more financial flexibility for retirees and helping public agencies retain experienced workers.

Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/A6978