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Partial Income Replacement Amount. An employee will receive 50 percent of his or her average weekly salary, up to the maximum benefit allowance established under the New York State Disability Benefits Law. The current maximum is $170.
When it comes to income taxes, New York State is very tax-friendly for retirees. All Social Security retirement benefits are exempt from taxation. Income from retirement accounts or a private pension is deductible up to $20,000. There are several other types of taxes in New York that are not so favorable to retirees.