ALBANY — The golden years are looking a lot greener for a growing number of retired public workers.
Data released Thursday showed that 2,931 retired state and local government workers earned six-figure pensions during the 2015 fiscal year, up from 2,700 the previous year.
Ten pensions exceeded $200,000, according to the data released by Empire Center for Public Policy, a non-partisan think tank.
“As salaries go up you are going to see more six-figure pensions,” said Empire Center President E.J. McMahon.
The Empire Center’s figures do not include pensions paid to teachers or retired New York City workers, who belong to different pension systems than former employees of the state and local governments elsewhere in New York.
All total, the state’s two pension systems for retired government employees and retired police and fire department members paid out $9.7 billion to 394,020 retirees in 2015, up from $9.3 billion the year before.
Topping the pension payouts — for the sixth consecutive year — was the $261,649 paid to George M. Philip, the former executive director of the state Teachers’ Retirement System and former president of SUNY Albany.
The average pension for a career government worker who retired in 2014 with at least 35 years of experience was $52,517, according to the empire center. The average pension to a career police or fire officer who retired last year was $89,657.
“Simply on the face of it, the pension benefits are generous,” McMahon said. “That’s why public pensions are expensive — because they are pretty good.”