Do City pension plan retirees and beneficiaries pay taxes on their pension benefits?

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NYCTaxpayer

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Posted 7 years ago

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FAQ Guru, Official Rep

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Official Response
Retirees and beneficiaries of the City Systems pay federal tax on the income they receive from the pension systems. No income tax is payable on such benefits to New York State or New York City.

For information regarding benefits administered by the New York City
Employees' Retirement System (NYCERS), please contact NYCERS' Call
Center at (347) 643-3000 or visit www.nycers.org.