New York State needs the help of certain retirees, especially health care professionals, during the COVID-19 emergency.
Normally, most NYSLRS retirees who return to work for a public employer face an earnings limit, but that limit has been temporarily suspended by the Governor by executive order during the emergency. Pay from a public employer earned from March 27 through June 6, 2020 will not count toward a retiree’s annual earnings cap.
Under Section 212 of the Retirement and Social Security Law, most NYSLRS retirees under age 65 who return to work for a public employer can earn up to $35,000 per calendar year without penalty. Once a retiree exceeds the earnings limit and continues to work, their pension benefits are suspended for the remainder of the year.
The New York State Department of Health (DOH) is seeking qualified health care professionals to help out during the coronavirus pandemic. You can find more information on the DOH website.