If you’re a current NYSLRS member, you’re a state or local employee who works within New York State. But once you retire, you can spend time in warmer climates or move closer to family.
From an economic standpoint, we’re fortunate to have 78 percent of NYSLRS retirees and beneficiaries stay in New York. As we’ve mentioned before in previous posts, NYSLRS retirees contribute to the New York economy in a big way:
- $12 billion generated in economic activity
- $1.6 billion paid in real property taxes
- $514 million paid in state and local sales tax
- 60,400 jobs created from local spending
However, we haven’t looked at the other 22 percent of our retirees and beneficiaries. If they aren’t living in New York, where have they gone?
NYSLRS Retirees in the United States
We’d be lying if we said we were surprised that Florida is the state with the second highest number of NYSLRS retirees and beneficiaries. Florida is currently home to 35,014 NYSLRS retirees. (Keep in mind New York is home to 337,406.) And you can find many other retirees and beneficiaries all along the East Coast…
- North Carolina: 8,190
- New Jersey: 7,171
- South Carolina: 5,105
- Pennsylvania: 4,300
- Virginia: 3,585
…the West Coast…
- California: 2,226
- Oregon: 284
- Washington: 478
…and even as far as Alaska (currently 60) and Hawaii (116). All told, 429,591 NYSLRS retirees and beneficiaries live throughout the United States and its territories.
NYSLRS Retirees Around the Globe
- Canada: 164
- Israel: 56
- United Kingdom: 36
- Italy: 31
- Jamaica: 31
Whether you retire close to home or move away, you’ll always be a part of NYSLRS. Make sure you stay in the loop about your benefits by visiting our Retirees home page.