New York S 5579: Increases the amount of money a public retirement system retiree may earn in a position of public service to $65,000

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S05579 Summary:

BILL NOS05579A

&nbsp

SAME ASNo Same As

&nbsp

SPONSORLANZA

&nbsp

COSPNSRBORRELLO, CANZONERI-FITZPATRICK, GALLIVAN, GRIFFO, HELMING, MATTERA, OBERACKER, RHOADS, ROLISON,
 SKOUFIS, WEIK

&nbsp

MLTSPNSR

&nbsp

Amd 212, R & SS L

&nbsp

Increases the amount of money a public retirement system retiree may earn in a position of public service in the year 2026 and thereafter to $65,000.

Go to top S05579 Actions:

BILL NOS05579A

&nbsp

02/25/2025REFERRED TO CIVIL SERVICE AND PENSIONS

05/21/2025AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

05/21/2025PRINT NUMBER 5579A

01/07/2026REFERRED TO CIVIL SERVICE AND PENSIONS

Go to topS05579 Committee&nbspVotes:

Go to topS05579 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS05579 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5579--A

 2025-2026 Regular Sessions

 IN SENATE

 February 25, 2025
 ___________

 Introduced by Sens. LANZA, BORRELLO, GALLIVAN, GRIFFO, HELMING, MATTERA,
 OBERACKER, ROLISON, SKOUFIS, WEIK -- read twice and ordered printed,
 and when printed to be committed to the Committee on Civil Service and
 Pensions -- committee discharged, bill amended, ordered reprinted as
 amended and recommitted to said committee

 AN ACT to amend the retirement and social security law, in relation to
 increasing the retiree public earnings cap

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivision 2 of section 212 of the retirement and social
 2 security law, as amended by chapter 589 of the laws of 2019, is amended
 3 to read as follows:
 4 2. The earning limitations for retired persons in positions of public
 5 service under this section shall be in accordance with the following
 6 table:

 7 For the year Earnings limitation
 8 1996 $12,500
 9 1997 $13,500
 10 1998 $14,500
 11 1999 $15,500
 12 2000 $17,000
 13 2001 $18,500
 14 2002 $20,000
 15 2003 $25,000
 16 2004 $27,500
 17 2005 and 2006 $27,500
 18 2007 through 2019 $30,000
 19 2020 [and thereafter]
 20 through 2025 $35,000
 21 2026 and thereafter $65,000
 22 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD09658-02-5

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