Bill > A07619

This bill amends the New York State Retirement and Social Security Law to increase the annual earnings limitation for retired persons working in public service positions. Currently, retired public service workers can earn up to $35,000 per year without affecting their retirement benefits, but this bill raises that limit to $60,000 starting in 2026. The bill updates a table of earning limitations that has been gradually increasing since 1996, when the limit was just $12,500. By raising the earnings cap, the legislation allows retired public service employees to work more and earn more income without penalty, which can help support retirees who wish to continue working part-time or in consulting roles while still receiving their retirement benefits. The change provides more financial flexibility for retired public servants and acknowledges the potential ongoing value of their professional expertise. The bill takes effect immediately upon passage.

Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/A7619