Bill > S07661

This bill removes post-retirement earnings restrictions for certain uniformed personnel of the New York City Department of Correction who have retired with a disability. Specifically, the bill eliminates limitations on earnings from private sector employment for correction officers and captains who have: 1) retired under a disability retirement provision (Section 507-a), and 2) reached their service retirement eligibility date. Currently, these retirees have their disability pension suspended if their Personal Service Income (PSI) from public and private employment exceeds an annual limit (which was $35,200 in 2023). The proposed legislation would allow these disability retirees to earn income from private employment without having their pension reduced or suspended, affecting approximately 538 retirement system members with an average age of 64.9 and an average annual benefit of $23,100. The bill applies to Tier 3 correction officers in specific retirement plans, such as the 20-Year and 25-Year Retirement Plans, and aims to provide more financial flexibility for retired correction personnel who have been limited in their post-retirement earning potential.

Budget and Finance, Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/S7661