J. J. in Phila
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I'm wondering if pension contributions working for the state in Pa. are the same as other states. In Al. and Fl. where I worked, the employee did contribute to their own pension, but the employer matched the contribution. So some of those funds might have been from the univ. Does anybody know if it is the same in Pa.?
Yes, you do contribute and at 40 years, you get a full salary (average of the last three years) + Benefits. 15 years half salary, and no benefits. I think benefits cut in around 20-25 years.
Disability is about 5 years.
You have to remember that Paterno was in the system for 61 years.