Sandusky Owed 212 Grand.
- Thread starter Marshall30
- Start date
Maybe we'll get lucky and he'll blow it all on more unsuccessful appeals before he dies. If not, maybe he can at least get a few more snacks at the commissary.
It's an indication the Bot is full of shit, and PSU had no culpability.
Maybe our BOT will authorize the University to pay it.
It was almost like certain people wanted EVERYONE to take responsibility. We were all driven into the ground by a blind driver. It was sickening. And some of the complete F-ups are are still in positions of power.
Could the old-guard trustees' narrative be wrong? Nah...
Assholes.
Assholes.
Nah, they'll pay it, tell the Centre Daily Times that the insurance will reimburse them, play that card for a few years, then quietly not-announce that the insurance company isn't in the business of paying for things that aren't covered.
PSU Old Guard BOT = Gutless worthless Phucking Fools and anything but Trustees.
Phil Knight hit the nail on the head way before we know what we now know. Trustees, yeah, ok.
I don't generally buy into conspiracy theories (I think Hitler killed himself in the bunker, for example), but I'd really like to know just who they were protecting when they pinned the blame on Joe and Spanier.
Themselves
There's a bunch of idiots shitting themselves. Don't change that Bat channel, there's more to come.
It was his annuity, fully paid by JS. Most of this payment is going to the lawyers I suppose. Dotty will see pennies if any, however, she will start receiving the monthly payment from this point onward.
Don't think that's correct "Pennsylvania's state government pension system will send Jerry Sandusky a $211,000 check next week to cover payments going back to when it illegally stopped his retirement benefits...." ".... It ordered the retroactive payments, along with 6 percent interest...".
"Pennsylvania's state government pension system will send Jerry Sandusky a $211,000 check next week to cover payments going back to when it illegally stopped his retirement benefits...." ".... It ordered the retroactive payments, along with 6 percent interest...". Article in paper stated the above. cover payments due when it stopped his retirements benefits plus 6% interest. Doesn't sound like Jerry's own money.
PSUinMICH, Yes, indeed, it is de facto JS's money since he paid for it over the course of his career.
It is the same way in PA. He made contributions and so did Penn State. They were invested and then paid out to him at retirement.
Big Red will win as well. More vindictiveness and lack of integrity.
You are correct, take out at least 20% for taxes, then money I'm sure owed to both the appeals lawyer and then the lawyers that represented them for the retirement litigation and I doubt that there will be all that much left.
6% is also owed to JS for not paying his money on time (held back money could have earned a lot more than 6% if properly invested). So, net net, the full amount with interest is owed to JS and it is his money. I think court decision is fair and just.
Note: I am supporter of truth, not JS.
I just assumed when you said "fully paid by JS" you were referring only to money JS contributed and not Penn State's contribution. I agree as did the courts that the money was owed.
Respectfully, Penn State contribution towards JS' retirement package was part of his employment contract and therefore it becomes his money after it is vested if not before anyway.
I am not a fan of this forfeiture law. I understand it when you do something illegal associated with your job. But the law applied in cases like this only serves to harm innocent parties like his wife and family. The fact is he earned his pension and his wife should be entitled to rely on it.
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