Modest pensions for county officials
SEBRING - Representatives and U.S. Senators are $ 174 000 per year salaries, and they can retire after five years in office with an annual pension of $ 69 000. Social Security is a plus.
Even X-rated New York in Congress Anthony Weiner, 46, will be eligible for $ 37 000 per year, once it hits the age of 62.
Oregon Rep. David Wu, 55, left the Congress without honor, but, according to the National Union of Taxpayers, Wu could raise $ 1 million in pension payments.
Highlands County commissioners do not have golden parachutes.After a 12-year political career, Edgar Stokes is back to punching cattle in Loridant.
"I did not even know when I was elected that I would get a pension," said Stokes.
Members may enroll in the pension system in Florida as well as county employees and agents of the Constitution, said Tim Mechling Budget Manager.
Stokes gets a $ 1,598 monthly pension. About $ 60 a subsidy that is health insurance. Commissioners are also eligible to enroll in the County of Blue Cross medical plan.
"But it's much more expensive than what I have," said Stokes, who once chaired the committee that recommends coverage for the county and officers of the Constitution. "It's a better deal to go through the AARP."
Stokes is one of the three most recent retirees from the County Commission. Guy Maxcy, who resigned after 18 years to run for tax collector, draws $ 1,768 a month option under Florida Retirement System of the three, allowing it to extend benefits to his wife after his death.
Both Stokes and Andrew Jackson â € "who also served 12 years and earns $ 1,504 â €" are registered in the first option, which has no death benefits.
As members of Congress, members have the option of early retirement and make small monthly payments or, at their death, they can transfer the benefits to a spouse or a dependent child.
Since Don Bates served only four years before being defeated by Jack Richie, he receives no pension.
retirement plan of senators congressmen - News
SEBRING - US representatives and senators make $174000 a year salaries, and they can retire after five years in office with a $69000 annual pension. Social Security is an added plus. Even X-rated New York Congressman Anthony Weiner, 46,
Members of Congress are covered under the Federal Employees Retirement System, with contributions from the Congress member and federal government toward retirement payments. They're eligible to one day receive retirement benefits if they have at least
I believe our representatives and senators should replace their luxurious health care coverage with Medicare/Medicaid coverage. Also, their exorbitant pension coverge should be eliminated and they can enroll in 401(k) plans. Over the past few weeks,
Here's a silver lining: This kind of punishment to our psyches and our retirement plans (not to mention our stomachs) ought to be enough to ensure that Congress' new debt-cutting supercommittee does the right thing over the next three months.
1) End the defined benefit retirement program today and replace it with a 401k-like defined contribution program. Allow representatives and senators to contribute up to the same limits as we can do in the private sector and create a provision for a
retirement plan of senators congressmen - Bookshelf
Of mice and men
The tragic story of the friendship between two migrant workers, George and mentally retarded Lenny, and their dream of owning a farmOf mice and men
3 cups of tea
An adaptation of the bestselling book about the American Greg Mortenson's building of over 60 schools in Pakistan and Afghanistan.Three cups of tea, one man's mission to fight terrorism and build nations-- one school at a time
Traces how the author, having been rescued and resuscitated by Himalayan villagers after a failed attempt to climb K2, worked to build schools that would ...The audacity of hope, thoughts on reclaiming the American dream
The junior U.S. senator from Illinois speaks out to all Americans on how to transform U.S. politics, calling for a return to America's original ideals and ...Media Info Directory
Senators and Congressmen - Retirement Packages
Our Senators and Congressmen do not pay into Social Security. Many years ago they voted ... Golden Fleece Retirement Plan from under the Senators and Congressmen. ...
The Congressional Retirement Plan? - BreakTheChain.org
Our Senators and Congress men & women do not pay into Social Security and, of course, ... the Golden Fleece Retirement Plan from the Senators and Congressmen. ...
snopes.com: Congressional Pensions
Are Congressmen exempt from paying into Social Security? ... except that they paid nothing in on any kind of retirement, and neither does any other Senator or Congressman. ...
Congressional Pensions vs. Social Security - Urban Legends
Our Senators and Congressmen don't pay in to Social Security, and, of course, ... This fine retirement comes right out of the General Fund: our tax money. ...
SOCIAL SECURITY FOR CONGRESSMEN AND SENATORS
Our Senators and Congressmen do not pay into Social Security and, ... Place them into the Social Security plan with the rest of us and then watch how fast they would fix it. ...