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NY A08441
Bill
Status
5/16/2025
Primary Sponsor
Stacey Pheffer Amato
Click for details
AI Summary
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Removes restrictions on private sector earnings for retired uniformed personnel of the New York City Department of Correction who receive ordinary disability benefits under Section 507-a of the Retirement and Social Security Law
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Applies to retirees who were members of specific retirement plans (Correction Officer 20-Year Plan, Correction Officer 25-Year Retirement Plan, or Correction Captain 20-Year Plan) and have passed their service retirement eligibility date
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Currently, disability retirees whose private earnings exceed the annual limit ($35,200 in 2023, adjusted for inflation) have their disability pension suspended for 12 months
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Approximately 538 NYCERS members with an average age of 64.9 and average benefit of $23,100 would potentially be affected by this change
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Takes effect immediately upon enactment
Legislative Description
Removes post-retirement earnings restrictions for New York city department of correction uniformed personnel with respect to a retiree subsequent to such member's earliest eligibility date for service retirement.
Last Action
referred to governmental employees
1/7/2026