Nys Budget 2024 Retirement Incentive 2024. Rebounding from its biggest loss since the global financial crisis, new york’s common retirement fund realized a strong investment gain of 11.55 percent in. The $229 billion fy 2024 new york state budget reflects governor hochul's bold agenda to make new york more affordable, more livable, and safer by making smart, responsible investments in mental health.

This bill enables public employers to offer a temporary retirement incentive to certain public employees. On may 1, 2023, the new york state legislature voted to adopt the fiscal year 2024 budget which included the renewal and extension of the sunset date of five programs.