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Assembly Bill A7872A

2017-2018 Legislative Session

Increases the amount of money a public retirement system retiree may earn in a position of public service to $50,000

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Archive: Last Bill Status - In Assembly Committee

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Bill Amendments

co-Sponsors

2017-A7872 - Details

See Senate Version of this Bill:
S5725
Current Committee:
Assembly Governmental Employees
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §212, R & SS L
Versions Introduced in Other Legislative Sessions:
2015-2016: S4345
2019-2020: A7109, S795
2021-2022: A2453, S4920
2023-2024: S4124
2025-2026: S5579

2017-A7872 - Summary

Increases the amount of money a public retirement system retiree may earn in a position of public service in the year 2019 and thereafter to $50,000.

2017-A7872 - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7872
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 18, 2017
                                ___________
 
 Introduced by M. of A. TITONE -- read once and referred to the Committee
   on Governmental Employees
 
 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:

   Section  1.  Subdivision 2 of section 212 of the retirement and social
 security law, as amended by chapter 74 of the laws of 2006,  is  amended
 to read as follows:
   2.  The earning limitations for retired persons in positions of public
 service under this section shall be in  accordance  with  the  following
 table:
 
         For the year                               Earnings limitation
         1996                                       $12,500
         1997                                       $13,500
         1998                                       $14,500
         1999                                       $15,500
         2000                                       $17,000
         2001                                       $18,500
         2002                                       $20,000
         2003                                       $25,000
         2004                                       $27,500
         2005 and 2006                              $27,500
         2007 [and thereafter] THROUGH 2017         $30,000
         2018 AND THEREAFTER                        $50,000
   § 2. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11048-01-7

co-Sponsors

multi-Sponsors

2017-A7872A (ACTIVE) - Details

See Senate Version of this Bill:
S5725
Current Committee:
Assembly Governmental Employees
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §212, R & SS L
Versions Introduced in Other Legislative Sessions:
2015-2016: S4345
2019-2020: A7109, S795
2021-2022: A2453, S4920
2023-2024: S4124
2025-2026: S5579

2017-A7872A (ACTIVE) - Summary

Increases the amount of money a public retirement system retiree may earn in a position of public service in the year 2019 and thereafter to $50,000.

2017-A7872A (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  7872--A
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 18, 2017
                                ___________
 
 Introduced  by  M. of A. TITONE, SEPULVEDA, SKOUFIS, FRIEND -- read once
   and referred to the Committee on Governmental Employees -- recommitted
   to the Committee on Governmental Employees in accordance with Assembly
   Rule  3,  sec.  2  --  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:
 
   Section  1.  Subdivision 2 of section 212 of the retirement and social
 security law, as amended by chapter 74 of the laws of 2006,  is  amended
 to read as follows:
   2.  The earning limitations for retired persons in positions of public
 service under this section shall be in  accordance  with  the  following
 table:
 
         For the year                               Earnings limitation
         1996                                       $12,500
         1997                                       $13,500
         1998                                       $14,500
         1999                                       $15,500
         2000                                       $17,000
         2001                                       $18,500
         2002                                       $20,000
         2003                                       $25,000
         2004                                       $27,500
         2005 and 2006                              $27,500
         2007 [and thereafter] THROUGH 2018         $30,000
         2019 AND THEREAFTER                        $50,000
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11048-03-8

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