The 63-year-old files his retirement papers Tuesday with the state of New York, effective Sept. 1.
Despite facing sexual harassment allegations, Cuomo is eligible to receive a pension after nearly 15 years of service -- 11 as governor and four as attorney general.
The Empire Center watchdog group estimates his pension will be about $50,000 a year.
The governor also granted clemency to 10 people, just a week before leaving office.
They had been convicted of crimes ranging from second-degree murder, to robbery and drug possession.
Cuomo commuted five sentences and fully pardoned five others. He said all 10 people had demonstrated substantial evidence of rehabilitation and a commitment to their communities.
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