Review: Joe Paterno in line for pension

Discussion in 'College Football' started by truebluefan, Nov 16, 2011.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    Former Penn State football coach Joe Paterno's long service at the university theoretically puts him in line for a pension of more than $500,000 a year, according to an Associated Press analysis of state public pension records.

    Paterno's pension records obtained Tuesday from the State Employees' Retirement System credit him with more than 60 years in the system. The formula used to determine benefits makes him eligible for a pension equal to 100 percent of the average of his three highest-salary years.
     

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