Senate Bill S4345A

2015-2016 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 Senate Committee Civil Service And Pensions Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

2015-S4345 - Details

Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §212, R & SS L
Versions Introduced in Other Legislative Sessions:
2017-2018: S5725
2019-2020: S795
2021-2022: S4920
2023-2024: S4124

2015-S4345 - Summary

Increases the amount of money a public retirement system retiree may earn in a position of public service in the year 2016 and thereafter to $50,000.

2015-S4345 - Sponsor Memo

2015-S4345 - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4345

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                             March 16, 2015
                               ___________

Introduced  by  Sen.  LANZA  -- 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 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 2014         $30,000
        2015 AND THEREAFTER                        $50,000
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09946-01-5

2015-S4345A (ACTIVE) - Details

Current Committee:
Senate Civil Service And Pensions
Law Section:
Retirement and Social Security Law
Laws Affected:
Amd §212, R & SS L
Versions Introduced in Other Legislative Sessions:
2017-2018: S5725
2019-2020: S795
2021-2022: S4920
2023-2024: S4124

2015-S4345A (ACTIVE) - Summary

Increases the amount of money a public retirement system retiree may earn in a position of public service in the year 2016 and thereafter to $50,000.

2015-S4345A (ACTIVE) - Sponsor Memo

2015-S4345A (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 4345--A

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                             March 16, 2015
                               ___________

Introduced  by  Sen.  LANZA  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Civil Service and Pensions
  -- recommitted to the Committee  on  Civil  Service  and  Pensions  in
  accordance  with  Senate  Rule 6, sec. 8 -- committee discharged, bill
  amended, ordered reprinted as amended and recommitted to said  commit-
  tee

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 2015         $30,000
        2016 AND THEREAFTER                        $50,000
  S 2. This act shall take effect immediately.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09946-02-6

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