Records show Bellotti tops Ore. public pensions
Monday, November 21, 2011
SALEM, Ore. (AP) -- Newly released documents from the Oregon Public Employees Retirement System show former University of Oregon football coach Mike Bellotti is the state's top public pension beneficiary. Bellotti collects nearly a half million dollars annually in pension checks -- more than $41,000 per month.
The names of more than 100,000 retired public employees in Oregon and how much they receive in pensions are being made public as part of a court settlement between the state retirement system and two newspapers.
The Oregonian and The Statesman Journal demanded the records last year to shine a light on state spending.
The Statesman Journal says PERS pays out $231 million a month to all beneficiaries combined.
Bellotti tells The Oregonian he simply accepted the package he was offered when he signed on at the university in 1989.