Assembly Bill A7109

2019-2020 Legislative Session

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

download bill text pdf

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Archive: Last Bill Status - In Assembly 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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2019-A7109 (ACTIVE) - Details

See Senate Version of this Bill:
S795
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
2017-2018: A7872, S5725
2021-2022: A2453, S4920
2023-2024: S4124

2019-A7109 (ACTIVE) - Summary

Increases the amount of money a public retirement system retiree may earn in a position of public service in the year 2020 and thereafter to $50,000.

2019-A7109 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7109
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               April 8, 2019
                                ___________
 
 Introduced  by  M. of A. FALL -- 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 2019         $30,000
         2020 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.
                                                            LBD06503-01-9

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