Home › Forums › Other › Paterno’s Penn State Retirement – $13 Million… › Ah, the Penn State
Ah, the Penn State retirement.
http://www.budget.psu.edu/publicaccount/psuretirement.asp
So it could be a wide range of plans under TIAA CREF, but those look like independent style accounts. Basically, looks like the State has a 180% match.
The SERS plan isn’t as lucrative, don’t know which one he was in.