D.A. Endorses Sandra March for TRS Trustee
Some Salary Deductions Get Special Tax Breaks
Investment Choices for Tier I/II Members in QPP and All Tiers in TDA
2006 Pension Laws Enacted
Archived Issues:
November 2005
Summer 2005
March 2005
Summer 2004
Fall 2003

2006 Pension Laws Enacted

Chapter 74

Increases from $27,500 to $30,000 the amount retired public employees under age 65 can earn per calendar year upon returning to public service without a diminution of retirement benefits.

Chapter 152

Provides for implementation of changes in the actuarial assumptions for the New York City Retirement System. Extends the crediting rate of 8.25 percent on the fixed annuity and fixed tax-deferred annuity investments to June 30, 2009.

Chapter 267

Allows retirees to authorize automatic pension deductions to repay outstanding TDA loan balances.

Chapter 715

Reduces from 60 days to 30 days the statutorily established time for participants to elect participation in or to initiate changes to the TDA.