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When taking a job at a state school, consider the hidden benefits

Nick Aliotti put in good work for the University of Oregon for a long time, and now the state of Oregon is going to reward him for the rest of his life.

According to a public records request by the Oregonian, Aliotti will receive a state pension of $20,594.30 a month (nearly $250,000 a year) for the rest of his life. The state of Oregon's Public Employee Retirement System allows someone of Aliotti's service level (26 years) to receive 45 percent of salary averaged out for his final three years of employment. Aliotti was the Ducks' defensive coordinator from 1999 through 2013, also served in separate stints in Eugene from 1978-79 and 1988-94 and worked as Oregon State's running backs coach from 1980-83. 

At a normal life expectancy rate, Aliotti will bank a total of $6.6 million through 2040. (On an aside, Aliotti's pension payed him a bump after converting his whopping 1,304 hours of accrued sick leave. At a normal, 40-hour-a-week job, that's 32 weeks of paid "vacation" right there.)

While Aliotti will certainly make off well in retirement, he's got nothing on his former boss. Former Oregon head coach Mike Bellotti, who last coached in 2008 and left the university for good in 2010, hold's the top pension payout in the state of Oregon at more than $513,000 a year. Again, that's half a million big ones for the rest of his life, and it's on top of the money he makes as a TV analyst.

For a coach in his 20's or 30's, this is definitely something to consider when choosing jobs. Did Bellotti or Alliotti turn down jobs in their careers that would have taken them out of state, and thus out of Oregon's state pension system? Most certainly. Did they do it with those pensions in mind? Only they can say for sure, but probably not.

But you can bet that right now they're darn glad they did.