Pension payment data for 81,411 New York City public school and City University of New York retirees were added today to SeeThroughNY, the Empire Center’s transparency website.
The data from the New York City Teachers’ Retirement System (NYCTRS) show that the 795 teachers and school professionals who retired during 2016 with at least 30 years of service credit collected pensions that averaged $66,158 during 2017. Over 3,000 retirees collected $100,000 or more during the same period—an increase of nearly 23 percent since 2016.
These data are made public thanks to the Empire Center’s successful court challenges against efforts by public agencies to conceal information from taxpayers. The Center remains involved in litigation to protect and expand the public’s ability to examine public pensions and spending.
The Empire Center, based in Albany, is an independent, not-for-profit, non-partisan think tank dedicated to promoting policies that can make New York a better place to live, work and raise a family.
You may also like
Teacher Pensions Added to SeeThroughNY Include 25 Over $300K
New York’s two teacher pension systems last year had 25 retirees eligible to collect pensions of more than $300,000, according to data posted today on SeeThroughNY, the Empire Center’s government transparency website. Read More
More NY Pensions Hit $200K
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. Read More
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
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
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