Seventy-nine percent of NYSLRS retirees live in New York State. During 2020, NYSLRS retirees were responsible for $15.7 billion in economic activity in New York State. Their purchases of goods and services provide opportunities for new businesses in New York, help grow existing companies and create jobs.
Click on a region or see statewide impact.
Retirees Contribute Map
Retirees Contribute - Upper Hudson Valley
Retirees and beneficiaries: 38,798
Benefits paid: $1,138,057,960
Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 7,900 jobs and generated $95 million in State and local sales tax in 2020. And, while they make up 3.3 percent of the Upper Hudson Valley population, they paid 6.0 percent ($235 million) of the region’s property taxes.
Retirees Contribute - Southern Tier
Retirees and beneficiaries: 18,297
Benefits paid: $403,192,679
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 2020. And, while they make up 4.3 percent of the Southern Tier population, they paid 7.0 percent ($65 million) of the region’s property taxes.
Retirees Contribute - North Country
Retirees and beneficiaries: 21,961
Benefits paid: $549,416,001
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 2020. And, while they make up 5.2 percent of the North Country population, they paid 7.8 percent ($70 million) of the region’s property taxes.
Retirees Contribute - New York City
Retirees and beneficiaries: 23,655
Benefits paid: $791,052,552
Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 4,900 jobs and generated $60 million in State and local sales tax in 2020. And they paid 0.2 percent ($45 million) of the region’s property taxes.
Retirees Contribute - Lower Hudson Valley
Retirees and beneficiaries: 23,916
Benefits paid: $835,395,996
Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 4,900 jobs and generated $55 million in State and local sales tax in 2020. And, while they make up 1.8 percent of the Lower Hudson Valley population, they paid 3.6 percent ($230 million) of the region’s property taxes.
Retirees Contribute - Long Island
Retirees and beneficiaries: 62,821
Benefits paid: $2,270,931,369
Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 17,400 jobs and generated $160 million in State and local sales tax in 2020. And, while they make up 2.2 percent of the Long Island population, they paid 5.0 percent ($685 million) of the region’s property taxes.
Retirees Contribute - Finger Lakes
Retirees and beneficiaries: 39,566
Benefits paid: $931,033,386
Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 8,100 jobs and generated $70 million in State and local sales tax in 2020. And, while they make up 3.1 percent of the Finger Lakes population, they paid 5.2 percent ($155 million) of the region’s property taxes.
Retirees Contribute - Central New York
Retirees and beneficiaries: 42,512
Benefits paid: $1,013,476,517
Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 7,500 jobs and generated $70 million in State and local sales tax in 2020. And, while they make up 3.6 percent of the Central New York population, they paid 6.2 percent ($150 million) of the region’s property taxes.
Retirees Contribute - Capital District
Retirees and beneficiaries: 63,306
Benefits paid: $1,928,598,115
Spending on goods and services by NYSLRS retirees and beneficiaries created more than 12,300 jobs and generated $105 million in State and local sales tax in 2020. And, while they make up 5.6 percent of the Capital District’s population, they paid 9.1 percent ($250 million) of the region’s property taxes.
Retirees Contribute - Western New York
Retirees and beneficiaries: 56,622
Benefits paid: $1,472,021,818
Spending on goods and services by NYSLRS retirees and beneficiaries created an estimated 10,800 jobs and generated $95 million in State and local sales tax in 2020. And, while they make up 3.6 percent of the Western New York population, they paid 6.0 percent ($185 million) of the region’s property taxes.