The number of retirees eligible for six-figure pensions from New York’s two teacher retirement systems nearly tripled between 2009 and 2014, according to new pension data posted today on SeeThroughNY.net.

The data show that 4,841 New York City Teachers’ Retirement System (NYCTRS) and New York State Teachers’ Retirement System (NYSTRS) retirees were eligible to receive pensions over $100,000 during 2014, up from 1,663 in 2009. Ten individuals were eligible to receive pensions larger than $300,000 in 2014.

The new records, detailing 227,456 pensions during 2014, reflect the actual payment received for retirees from New York City schools and the maximum eligible benefit for those outside the city. Lists of the 100 largest pensions from NYCTRS and NYSTRS can be viewed here and here.

The Empire Center for Public Policy is a non-partisan, independent think tank.

You may also like

NYC Fire Pensions Hit New High

New York City firefighters and fire officers retiring last year after full careers were entitled to , up 11 percent from the prior year, according to new data added to SeeThroughNY, the Empire Read More

$5.5 Billion NYCERS Pension Payments Include $70 Million in Back Pay

The pension plan covering most New York city government agencies, including the City’s subway system, had 47 members with pension payments of at least $200,00 last year, 11 more than in 2021, according to Read More

NY Schools Plan To Spend Nearly $32K Per Student 

New York school districts holding budget referendums next week plan to spend an average of $31,929 per student, according to a new analysis from the Empire Center. Read More

What Are We Getting For All This Money?

Plans to hike state school aid to record levels would come as school enrollment is falling, and despite past aid hikes having failed to translate into improved student outcomes Read More

New School Pensions Top $90K Downstate, Over $74K Statewide 

The latest career retirees from school districts in Westchester County and on Long Island were eligible for pensions averaging more than $90,000. Read More

State Budget Proposal Doubles Down on Reckless Spending, Empire Center Says

After Governor Hochul’s budget unveiling this afternoon, Empire Center experts offered their reactions to the latest framework. Read More

Empire Center Experts React to the 2023 State of the State 

In response to Governor Hochul’s State of the State address and policy book, Empire Center experts issued the following reactions. Read More

Math Proficiency Plummets on Statewide Exams, Latest Data Show

The report, issued just as the new Legislature convenes, analyzes the results of the first full administration of these annual exams to be conducted since the onset of the pandemic.  Read More