A 8720 New York Assembly · 2025 Regular Session

Relates to increasing the earnings limitation for positions of public service

Summary

Relates to increasing the earnings limitation for positions of public service; increases the earnings limitation from $35,000 to $65,000 in 2027 and thereafter.

Bill status in committee 1 of 4 stages cleared

Introduction

Jun 2025

Committee Review

Floor Vote

Governor

Introduced Jun 2, 2025 Last action Mar 11, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

A8720A → A8720B · 5 edits

MODERATE

This bill version expands the list of sponsors and updates the legislative history to reflect committee actions. The core policy change increases the post-retirement earnings limit from $50,000 to $65,000, but shifts the effective date from 2025 to 2027. The fiscal note is also updated to reflect a new cost estimate for the Teachers' Retirement System and a later implementation date.

Scope change

The bill's scope remains focused on increasing the earnings limit for retired public servants, but the applicability to future years has been delayed.

TIMELINE

The effective date for the new earnings limit was changed from the 2025 calendar year to the 2027 calendar year.

REQUIREMENT

The post-retirement earnings threshold was increased from $50,000 to $65,000.

FISCAL

The fiscal note was replaced with a new estimate for the Teachers' Retirement System, projecting a cost of $86.3 million and citing different data sources and dates.

SCOPE

Additional sponsors were added to the list of bill authors.

TECHNICAL

The legislative history was updated to include additional committee recommitment actions.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Mar 11, 2026

Lower · Passed

PRINT NUMBER 8720B

lower

Mar 11, 2026

Lower · Passed

AMEND AND RECOMMIT TO GOVERNMENTAL EMPLOYEES

lower

Jan 7, 2026

Committee

REFERRED TO GOVERNMENTAL EMPLOYEES

lower

Jun 10, 2025

Lower · Passed

PRINT NUMBER 8720A

lower

Jun 10, 2025

Lower · Passed

AMEND AND RECOMMIT TO GOVERNMENTAL EMPLOYEES

lower

Jun 2, 2025

Committee

REFERRED TO GOVERNMENTAL EMPLOYEES

lower

1 primary · 20 co-sponsors