Increases the earnings limit for retirees in public service positions to $100,000 starting in 2025.

This bill raises the earnings limit for retirees in public service positions to $100,000 starting in 2025. Currently, the limit is $35,000. The change applies to the New York State and Local Retirement System. The bill also increases the outside earnings limit for members of the New York State Legislature to $100,000. The increased earnings cap will allow retirees to continue receiving their full retirement benefits while earning up to $100,000 in public service positions.

Increases the earnings limit for retirees in public service positions to $100,000 starting in 2025.

This bill raises the earnings limit for retirees in public service positions to $100,000 starting in 2025. Currently, the limit is $35,000. The change applies to the New York State and Local Retirement System. The bill also increases the outside earnings limit for members of the New York State Legislature to $100,000. The increased earnings cap will allow retirees to continue receiving their full retirement benefits while earning up to $100,000 in public service positions.