| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| Jan 03, 2024 |
referred to civil service and pensions |
| Feb 03, 2023 |
referred to civil service and pensions |
Senate Bill S4124
2023-2024 Legislative Session
Sponsored By
(R, C) 24th Senate District
Archive: Last Bill Status - In Senate Committee Civil Service And Pensions Committee
Actions
co-Sponsors
(R, C) 57th Senate District
(R, C) 60th Senate District
(R, C) 53rd Senate District
(R, C) 54th Senate District
2023-S4124 (ACTIVE) - Details
2023-S4124 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4124
SPONSOR: LANZA
TITLE OF BILL:
An act to amend the retirement and social security law, in relation to
increasing the retiree public earnings cap
PURPOSE:
This bill would increase the amount that a public retiree
under'sixtyfive years of age may earn in public employment without a
reduction of his or her retirement benefits.
SUMMARY OF PROVISIONS:
The bill amends subdivision 2 of Section 212 of the Retirement and
Social Security Law. It would allow a public retiree to earn up to
$50,000 in public employment without reducing the retiree's pension.
JUSTIFICATION:
2023-S4124 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
4124
2023-2024 Regular Sessions
I N S E N A T E
February 3, 2023
___________
Introduced by Sens. LANZA, BORRELLO, HELMING -- read twice and ordered
printed, and when printed to be committed to the Committee on Civil
Service and Pensions
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 2023 $35,000
2024 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.
LBD06500-01-3
Comments
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Why exactly is there a cap? Why do retirees 65 and older have no cap? Sounds like age discrimination to me. Please remove the cap altogether. Thank you.
What is the holdup on this ? This is a no-brainer & a MUST for NYS retirees that want to continue to work/contribute to their community.
As a seasoned, experience NYS Retiree smaller Towns and Villages are having tremendous difficulty in finding part time staff in the bookkeeping areas. Please take action on this as soon as possible. This will assist our very small communities in the ability to hire part time retirees. It's really a win-win.
Please pass this Bill, I'm retired live in NY. With this 30k cap we can't male it. Things have doubled or even certain things tripled. There are shortages of these civil service jobs, transportation, teachers etc. We need the money, you need the hired experience workers.
Please pass this bill
Please pass this without delay we retirees deserve this
Well just got off the phone with retirement and she said this comes up every year and keeps getting stalled why is this not important enough to take care of...we earned are retirement and should noi have to suffer.also why are teachers more important..that's not right that they have no worries this year and I do..we elected you to help us now please do.
Having been retired for one year now from working two jobs. Back to work at one. Living on eastern Long Island with high property taxes and the extremely high cost of living in New York just can't cut it with the current $35,000 cap. Please get this bill passed now so that we retirees don't have to worry and possibly not have to move out of NY. It's a no brainer!