The latest figures show that New York City firefighters and fire officers retiring after full careers are now receiving average annual pensions of $171,336. This represents a significant 13% increase from the previous year, highlighting how pension payouts for this vital profession have reached unprecedented levels. 1. Record-High Pensions for Full-Career Retirees In the most recent fiscal year, 430 full-career retirees—those Continue reading
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Maximize Your Social Security- Which New York Cities Give Retirees The Most Value?
Retirees on a fixed income from Social Security want to stretch their dollars. Nationwide, benefits were designed to replace roughly 40% of pre-retirement income—but in reality, they only cover about 30% of annual spending. Upstate New York offers several cities where your benefits go further, offering real value for retirement. How Far Does Social Security Go in New York’s Biggest Metros? Continue reading