Joe Paterno’s widow will receive Penn State pension of $13.4 million


View Photo Gallery: Joe Paterno, who coached at Penn State for 61 years, died in January.

Over a 61-year coaching career at Penn State University, Joe Paterno, who died in January at the age of 85, earned a pension of $13.4 million.

His widow, Sue Paterno, will receive a $10.1 million payment by the end of the month, with the remainder to be paid over the next two years, a Paterno family spokesman told the Associated Press.

The Paterno family said that the pension was calculated using the State Employees’ Retirement System formula. Paterno, who coached until he was fired last November in the wake of the burgeoning Jerry Sandusky child sex-abuse scandal, never took his pension.

Sandusky faces 52 counts of alleged abuse of 10 boys over a 15-year period, allegations he has denied. Jury selection in his trial is scheduled to begin June 5.

The Paternos, according to family spokesman Dan McGinn, intend to donate $1.5 million to charities related either to Penn State or State College.

Follow us: @CindyBoren | @MattBrooksWP

After spending most of her career in traditional print sports journalism, Cindy began blogging and tweeting, first as NFL/Redskins editor, and, since August 2010, at The Early Lead. She also is the social media editor for Sports.
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