2006 New York Code - Employment Of Retired Persons.

 
    §  212.  Employment  of  retired  persons.    1.  Notwithstanding  the
  provisions of section one  hundred  one,  two  hundred  eleven  or  four
  hundred  one  of  this  chapter  or of section five hundred three of the
  education law, or the provisions  of  any  local  law  or  charter,  any
  retired  person may continue as retired and, without loss, suspension or
  diminution of his retirement allowance, earn in a position or  positions
  in  public  service  in  any  calendar  year an amount not exceeding the
  amount set forth in  the  table  in  subdivision  two  of  this  section
  provided  such  retired person employed under this section duly executes
  and files with the retirement  system  from  which  he  is  receiving  a
  retirement  allowance  a statement that he elects to have the provisions
  of this section apply to him. A statement of election executed and filed
  pursuant to this section may be withdrawn by a  retired  person  at  any
  time  by a statement similarly executed and filed.  However, there shall
  be no earning limitations under the provisions of  this  section  on  or
  after  the  calendar  year  in  which  any  retired  person  attains age
  sixty-five. The  retirement  board  of  the  New  York  state  teachers'
  retirement  system  is  authorized  to adopt rules and regulations which
  would allow retired persons receiving a retirement allowance  from  such
  system  to make such statements of earnings from a position or positions
  in public service as such board shall determine necessary to enforce the
  provisions of this  section  in  lieu  of  the  foregoing  statement  of
  election.
    2.  The earning limitations for retired persons in positions of public
  service under this section shall be in  accordance  with  the  following
  table:
 
          For the year               Earnings limitation
              1996                         $12,500
              1997                         $13,500
              1998                         $14,500
              1999                         $15,500
              2000                         $17,000
              2001                         $18,500
              2002                         $20,000
              2003                         $25,000
              2004 and thereafter          $27,500