Sports | Joe Paterno Paterno Pension: $13.4M Penn State charities to get $1.5M By Matt Cantor Posted May 22, 2012 5:25 PM CDT Copied 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) 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. Read These Next CBS News boss pulls 60 Minutes segment critical of Trump policy. Slate examines the 'spiritual rot' of today's Vegas. Trump's cries against iffy mortgages may lead back to him. Trump makes a new move on Greenland, and Denmark isn't happy. Report an error