Relates to increasing the earnings limitation for positions of public service

Summary

The measure amends the Retirement and Social Security Law to increase the earnings‑after‑retirement limit for retirees who return to a public‑service job from $35,000 to $65,000 beginning calendar year 2027. It applies to all retired New York State and local employees who re‑enter public employment, except retirees age 65 and older who already face no earnings limit. The change aims to give retirees more flexibility to work while keeping their pension benefits, but it will generate additional costs for the state and the affected retirement systems.

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