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Senate bill · S10471 (2025-26)

Relates to providing cost-of-living adjustments

Latest action May 28, 2026

New York State Senate

Sponsor

Andrew Gounardes

State Senator, District 26 · Democratic

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Summary

Relates to providing cost-of-living adjustments; increases benefits from fifty to one hundred percent.

Summary from NY Open Legislation. How we handle summaries

Amends the Retirement and Social Security Law.

From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 21, 2026. About our data

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Purpose, from the sponsor's memo

This bill amends Chapter 125 of the Laws of 2000, a chapter which provides public employee retirees with permanent partial cost-of-living increases in New York States This bill provides a desirable amendment to Chapter 125 to protect public retirees from continued erosion of their retirement income from inflation. While Chapter 125 began the effort to address pension erosion, this bill seeks to partially close that gap.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Civil Service And Pensions · New York State Senate

The sponsor's argument

Why Andrew Gounardes says this is needed

The limitation on this modest benefit imposed by the present subdivision g places a burden on eligible surviving spouses at the most vulnerable time of their lives. It further erodes retiree benefits at a time of ever-increasing medical costs, including medication, copays, and premi- ums impacting retirees and their families. Members of the Retired Public Employees Association, the Retired Teach- ers Association and the Alliance of Public Retiree Associations of New York believe this bill will help assure our oldest public retirees achieve a dignified and secure retirement, allowing them to continue to contribute more effectively to the long-term health of our economy.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Full history

  1. May 28, 2026

    Amend and Recommit to Civil Service and Pensions

    AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

    NY Senate

  2. May 15, 2026

    Referred to committee

    REFERRED TO CIVIL SERVICE AND PENSIONS

    NY Senate