(04-23-2018 06:16 PM)quo vadis Wrote:  

(04-23-2018 04:29 PM)Kaplony Wrote:  A whole lot of posts about a problem that's being extremely overblown considering the shelf-life of most college coaches. I mean Dabo is starting his 16th year at Clemson and under SC State Retirement he's just over halfway to earning his full retirement.

FWIW, the thread is about the squeeze being put on state budgets, and hence on athletic budgets at state universities, by the pension issue, not by the pensions of individual coaches.

I only mentioned Belloti's pension because the NY Times article did.

The real point here is that self-generated revenue is going to be at even more of a premium. As schools have to kick in more money in pension payments, athletic departments will be even more on their own than they are now.

Not necessarily a problem for a school like Clemson, with a large and supportive alumni base, but for G5, it will likely be an even bigger squeeze going forward.

What the article you quoted failed to mention is that the average retiree who retired in 2015 in Oregon got $32,300 in pension benefits. If you're going to use Bellotti as an example of "overpaying benefits" that would be like saying that people at Amazon are overpaid because Jeff Bezos gets paid $5,000,000 a year. It's basically taking an outlier and trying to make an argument around that, rather than looking at the actual statistics. Are you saying that people who retire making $32,300 a year are getting an overly generous pension package?