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 'Bad batch' of drugs causes mass OD in Baltimore. Surgical staff squares off with ICE agents. Epstein fallout intensifies within Trump administration. He fired the crucial 'ninth shot' against Trump gunman. Report an error