Paterno Pension: $13.4M
Penn State charities to get $1.5M
By Matt Cantor, Newser User
Posted May 22, 2012 5:25 PM CDT
In this Nov. 9 photo, former Penn State Coach Joe Paterno and his wife, Sue, stand on their porch to thank supporters gathered outside their home in State College, Pa.   (AP Photo/Gene J. Puskar, File)

(Newser) – Joe Paterno's 61 years at Penn State brought him a state pension of $13.4 million. His wife will get an initial payment of $10.1 million this month, and the family will donate $1.5 million to Penn State charities, the AP reports. Paterno didn't get any special treatment, the family says: The figure was based on the standard State Employees' Retirement System.

In fact, Paterno actually made less than many fellow Division I coaches during his tenure. Last year, he received a $1.02 million compensation package—the biggest at the university, but far less than the $4.6 million Alabama's Nick Saban receives, for example. "Financial gain was never Coach Paterno's top priority," said a rep. Paterno died at age 85 in January.

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Showing 3 of 14 comments
Observer
May 23, 2012 5:28 PM CDT
This is obscene. Colleges are firing Professors around the country while Penn State can pay a fucking corpse 13.4 million. This is grotesque. No football coach is worth this kind of money. Especially dead ones that protected a known child rapist for years inside the University. Every citizen in PA should be going completely apeshit about this. His family should be ashamed. A state employee banking so damn much taxpayer money. OBSCENE!
John
May 23, 2012 2:33 PM CDT
Not bad, $220,000 per each of the 61 years. I'm sure everyone receives a pension like that.
Tology
May 23, 2012 3:46 AM CDT
Since when do dead people get a pension?