Home › Forums › Other › Paterno’s Penn State Retirement – $13 Million… › Salary in 2007 = $512,664..
Salary in 2007 = $512,664.. in 2006 = $490,638. Just factoring in 2007 salary and 6.25% contrib flatlined for 60 years, does not add up to $13Mil.
http://news.yahoo.com/paternos-penn-state-pension-top-13-million-012704813–nfl.html
Looks like the $13.4mill is on top of $5.5mil from employment contract and $3mil career bonus due at retirement… Total $21.9mil.
Just dug this up.. http://deadspin.com/5857629/joe-paternos-annual-compensation-is-200000-higher-than-the-psu-presidents-and-other-grotesqueries From 2007@512,664 to 2009@1,022,794 ummmm…..
Kept digging: http://deadspin.com/5857531/how-penn-state-sucks-up-taxpayer-money-and-hides-its-ugly-behavior-from-taxpayers