S T A T E O F N E W Y O R K
________________________________________________________________________
2453
2021-2022 Regular Sessions
I N A S S E M B L Y
January 19, 2021
___________
Introduced by M. of A. FALL, STERN, DICKENS, BUTTENSCHON, REILLY,
O'DONNELL, CRUZ, ENGLEBRIGHT, GRIFFIN, COLTON, THIELE, SIMON, BRABE-
NEC, NORRIS, BLANKENBUSH, SAYEGH, COOK, WILLIAMS, BARRON, PICHARDO,
McDONOUGH, NIOU -- Multi-Sponsored by -- M. of A. DE LA ROSA -- 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 589 of the laws of 2019, 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 through 2019 $30,000
2020 [and thereafter]
THROUGH 2021 $35,000
2022 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.
LBD06039-01-1