Six-figure pensions hit all-time high, again
The number of state and local government retirees receiving six-figure pensions has hit an all-time high again, according to a new report Thursday.
More than half (1,777) of the six-figure pensions go to retired police and firefighters.
Teachers weren't included in the report because they are part of a separate retirement system.
As in previous years, the highest-paid retiree is George M. Philip. The former president of the University at Albany and former head of the state Teachers Retirement System was slated to receive $261,649 in pension benefits in the 2014-15 fiscal year.
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