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Subject: Retirement And Social Security Law Section 211 Waiver Requests
Get Subject: Retirement And Social Security Law Section 211 Waiver Requests
L Service Law, Section 150; New York City Charter, Section 1117; Retirement and Social Security Law, Sections 211 and 212, Chapter 640 of the Laws of 2008 Date: January 19, 2016 I. BACKGROUND New York Civil Service Law, Section 150 (CSL 150) and New York City Charter, Section 1117 (Charter 1117) require the suspension of a pension received by a retiree from a retirement system of the State or a subdivision if that retiree receives any compensation from postretirement public service with Ne.
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Bers FAQ
You can keep working past your State Pension age. You can usually work for as long as you want to. 'Default retirement age' (a forced retirement age of 65) no longer exists. You can also ask your employer if you can work more flexibly or work part-time.
If you are a service retiree and plan to work for a NYS public employer while collecting a NYSTRS pension, your earnings are generally limited to $35,000 in 2020 and subsequent years, under Section 212 of the state's Retirement & Social Security Law.
The earnings limit is currently $35,000, however, the limit was suspended through much of 2020 and 2021, all of 2022, and from January 1, 2023 through June 22, 2023, by NYS executive order. Legislation also suspended the earnings limit for retirees employed by school districts and BOCES through June 30, 2024.
A section 211 waiver is required when any New York State school district (other than the city school district of the City of New York), Board of Cooperative Educational Services (BOCES) or any county Vocational Education and Extension Board (VEEB), seeks to hire an individual who has retired from public service to fill ...
Reaching State Pension age doesn't mean you have to give up work. You can continue working and still receive your State Pension. Find out about your options and the advantages of working longer.
Section 211 provides a waiver to the Section 212 earnings limitation of $35,000. The NYS Civil Service Commission may grant waivers under Section 211 for retired employees to be employed in positions in the classified service.
Retired Teacher Salary in New York Annual SalaryMonthly PayTop Earners$69,471$5,78975th Percentile$62,400$5,200Average$46,519$3,87625th Percentile$36,600$3,050
To receive the full retirement benefit, you must retire at age 62 or older or, if you have at least 30 years of credited service, you may retire as early as age 55. With less than 30 years of credited service, you may retire between the ages 55 and 62 and receive a reduced benefit.
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