The number of retirees eligible for $200,000+ pensions from the New York State and Local Retirement System (NYSLRS) reached 54 last year, according to new data posted on SeeThroughNY, the Empire Center’s government transparency website.

The $200,000+ pensioners include public hospital doctors, police officers, psychiatrists, government administrators and others. Fifteen pensioners retired from the Port Authority of New York and New Jersey, and another 10 retired from Nassau Health Care Corporation. Only nine NYSLRS pensioners were eligible for annual payments of more than $200,000 a decade ago.

The largest pension went to Dr. Shashikant Lele, who was eligible to collect $437,328 for his time working at Roswell Park Cancer Institute. Dr. Lele was also one of several hundred New York public employees who collected a pension while continuing to work, receiving $377,355 from Roswell Park during its 2023 fiscal year. The next-highest pensions went to:

  • Richard J. Batista, Nassau Health Care Corp., $339,874
  • Paul E. Scott, Nassau Health Care Corp., $328,919
  • Brian M. Murray, Erie County Medical Center Corp., $317,219
  • Leonard O. Barrett, Nassau Health Care Corp., $316,256
  • Jorge L. Benach, SUNY Stony Brook, $297,284
  • Harlan Kosson, Wayne County, $274,421
  • George M. Philip, NYS Techers Retirement System, $263,593
  • Narasimhan L. Narasimhan, SUNY Downstate, $259,642
  • Elsie M. Santanafox, Nassau Health Care Corp., $259,317

“New York’s pension system was designed over a century ago—and it wasn’t designed for this,” said Ken Girardin, research director. “The prescription here is for Albany to put future hires in a more modern, more flexible retirement plan such as the ones offered to SUNY faculty or political appointees.”

The new data include names and pension amounts for 467,419 retirees from state agencies, public authorities and local governments as well as non-teaching school district positions. The amounts, which are exempt from state income tax, show what retirees were eligible to collect during the plan’s 2023 fiscal year, which ended March 31.

Tags:

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

New York City Teachers’ Retirement System Adds More $200K Retirees 

The number of retired New York City educators who received pensions over $200,000 continues to grow, reaching 117 last year. Read More

Six-figure NYSLRS pensions quadruple in ten years

The number of New York State and Local Retirement System (NYSLRS) retirees eligible for six-figure pensions quadrupled over the last seven years. Read More

Public School Retiree Pensions Set New Record

Average pension benefits for newly retired public educators outside New York City reached a record high last year Read More

Newest Pensions for Retirees of Police and Fire Careers Average $86,852

Full career police and firemen (those serving 20 or more years) enrolled in New York’s Police and Fire Retirement System (PRFRS) who became eligible to start receiving a pension during 2020 are eligible for an average award of $86,852 annually.  Read More

$139K Average Pension for New Full-Career FDNY Retirees

Nearly three-quarters of those retiring last year from the City of New York’s Fire Department (FDNY) were eligible for six-figure pensions Read More

NYC Public Educator Pensions Rise Again

Average pension benefits paid to newly retired public educators in New York City rose again in 2020, according to data posted today at SeeThroughNY.net for New York City Teachers’ Retirement System (NYCTRS).  Read More