Bill
Bill > S06956
NY S06956
NY S06956Relates to increasing the earnings limitation for positions of public service; increases the earnings limitation from $35,000 to $65,000 in 2027 and thereafter.
summary
Introduced
03/27/2025
03/27/2025
In Committee
01/07/2026
01/07/2026
Crossed Over
06/13/2025
06/13/2025
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the retirement and social security law, in relation to increasing the earning limitations for retired persons in positions of public service
AI Summary
This bill proposes to increase the earnings limitation for retired individuals who return to public service positions, raising the maximum amount they can earn annually from $35,000 to $65,000 starting in 2027 and continuing thereafter. This change aims to allow retired public servants to earn more without their retirement benefits being suspended, and the fiscal notes indicate potential costs to various retirement systems and employers due to this adjustment, with estimates varying based on the specific retirement system and the number of retirees who return to work.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (25)
Christopher Ryan (D)*,
Joe Addabbo (D),
George Borrello (R),
Patricia Canzoneri-Fitzpatrick (R),
Leroy Comrie (D),
Jeremy Cooney (D),
Patricia Fahy (D),
Nathalia Ferna´ndez (D),
Patrick Gallivan (R),
Pete Harckham (D),
Pam Helming (R),
Michelle Hinchey (D),
Robert Jackson (D),
Andrew Lanza (R),
Monica Martinez (D),
Mario Mattera (R),
Shelley Mayer (D),
Dean Murray (R),
Rob Ortt (R),
Tony Palumbo (R),
Steve Rhoads (R),
Rob Rolison (R),
Jessica Scarcella-Spanton (D),
James Skoufis (D),
Bill Weber (R),
Last Action
PRINT NUMBER 6956C (on 03/09/2026)
Bill Topics
Labor and Employment
- ‐ Employee Benefits
Social Welfare
- ‐ Retirement Issues
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...