S 5579 New York Senate · 2025 Regular Session

Increases the amount of money a public retirement system retiree may earn in a position of public service to $65,000

Bill S 5579 increases the amount of money public retirement system retirees can earn while holding a position of public service. The bill raises the annual earnings limitation for these retirees from the current $35,000 (effective through 2025) to $65,000. This new earning limit will apply starting in the year 2026 and thereafter. The change directly affects retirees who wish to work in public service without impacting their retirement benefits.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 25, 2025 Last action Jan 7, 2026
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What changed between versions

S5579 S5579A · 1 edit
MINOR
This bill amends the retirement and social security law to increase the public earnings cap for retirees from $50,000 to $65,000 for the year 2026 and beyond. The change allows retired public employees to earn higher salaries from other employment without reducing their pension benefits.
Scope change
The bill applies to all public employees covered under the retirement and social security law who are receiving retirement benefits.
ELIGIBILITY

Increased the earnings limitation for retirees from $50,000 to $65,000 for the year 2026 and thereafter, allowing retired public employees to earn more from outside employment without penalty.

Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
4
Key actions
2
Committee
2
Amendments
2
Jan 7, 2026
Committee
REFERRED TO CIVIL SERVICE AND PENSIONS
upper
May 21, 2025
Upper · Passed
PRINT NUMBER 5579A
upper
May 21, 2025
Upper · Passed
AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS
upper
Feb 25, 2025
Committee
REFERRED TO CIVIL SERVICE AND PENSIONS
upper
1 primary · 11 co-sponsors

Sponsors