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Office of the New York State Comptroller’s Seal

NYS Comptroller

Thomas P. DiNapoli

Retirees Contribute

to New York State’s Economy

Seventy-nine percent of NYSLRS retirees live in New York State. The $9.8 billion in pension payments they receive create jobs, support businesses and pay taxes in local communities across the state.

Click on a region or see statewide impact.

State Wide
Map of New York State Capital District Central New York Finger Lakes Long Island Lower Hudson Valley New York City North Country Southern Tier Upper Hudson Valley Western New York

Capital District

Retirees and beneficiaries: 59,632

Benefits paid: $1,681,358,326

Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 12,000 jobs and generated $95 million in State and local sales tax in 2017. And, while they make up 5.3 percent of the Capital District’s population, they paid 8.8 percent ($230 million) of the region’s property taxes.

Central New York

Retirees and beneficiaries: 40,345

Benefits paid: $884,282,265

Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 7,500 jobs and generated $60 million in State and local sales tax in 2017. And, while they make up 3.5 percent of the Central New York population, they paid 5.9 percent ($130 million) of the region’s property taxes.

Finger Lakes

Retirees and beneficiaries: 37,001

Benefits paid: $804,474,667

Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 6,800 jobs and generated $50 million in State and local sales tax in 2017. And, while they make up 2.9 percent of the Finger Lakes population, they paid 5.0 percent ($140 million) of the region’s property taxes.

Long Island

Retirees and beneficiaries: 59,842

Benefits paid: $1,975,959,353

Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 14,900 jobs and generated $140 million in State and local sales tax in 2017. And, while they make up 2.1 percent of the Long Island population, they paid 4.6 percent ($590 million) of the region’s property taxes.

Lower Hudson Valley

Retirees and beneficiaries: 23,061

Benefits paid: $721,229,792

Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 4,500 jobs and generated $45 million in State and local sales tax in 2017. And, while they make up 1.8 percent of the Lower Hudson Valley population, they paid 3.6 percent ($220 million) of the region’s property taxes.

New York City

Retirees and beneficiaries: 23,108

Benefits paid: $702,682,731

Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 4,000 jobs and generated $50 million in State and local sales tax in 2017. And, they paid 0.2 percent ($40 million) of the region’s property taxes.

(Additional information is currently unavailable.)

North Country

Retirees and beneficiaries: 20,161

Benefits paid: $460,625,308

Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 2,700 jobs and generated $30 million in State and local sales tax in 2017. And, while they make up 4.7 percent of the North Country population, they paid 7.4 percent ($60 million) of the region’s property taxes.

Southern Tier

Retirees and beneficiaries: 17,260

Benefits paid: $353,472,751

Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 2,800 jobs and generated $30 million in State and local sales tax in 2017. And, while they make up 4.1 percent of the Southern Tier population, they paid 6.7 percent ($60 million) of the region’s property taxes.

Upper Hudson Valley

Retirees and beneficiaries: 36,255

Benefits paid: $965,721,768

Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 7,900 jobs and generated $75 million in State and local sales tax in 2017. And, while they make up 3.2 percent of the Upper Hudson Valley population, they paid 5.7 percent ($210 million) of the region’s property taxes.

Western New York

Retirees and beneficiaries: 53,652

Benefits paid: $1,285,161,827

Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 10,000 jobs and generated $85 million in State and local sales tax in 2017. And, while they make up 3.5 percent of the Western New York population, they paid 5.9 percent ($170 million) of the region’s property taxes.