Nys Budget 2024 Retirement Incentive. As of january 2021, tax revenues for fiscal years 2020 to 2024 (collections to date and current forecast) are $20 billion below january 2020 projections. This year, union leaders are pushing for even more substantial changes.

Their top priorities are lowering the tier 6 retirement age from 63 to 55 and requiring. Governor kathy hochul today announced an agreement to address key priorities in the fiscal year 2024 new york state budget.