Skip to Content.
Sympa Menu

homestead - Re: [Homestead] Meanwhile, back at the D.C. Whorehouse . . .

homestead AT lists.ibiblio.org

Subject: Homestead mailing list

List archive

Chronological Thread  
  • From: "Melody O." <melody AT crecon.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Meanwhile, back at the D.C. Whorehouse . . .
  • Date: Sat, 08 Jan 2005 17:03:58 -0700

At 02:22 PM 1/8/05 -0700, you wrote:
>. . . where members are even now talking about our retirement benefits
>under the involuntary Social Security system, here is how they have treated
>themselves:
>
>Study: Congressional Retirees Reap Huge Taxpayer-Funded Pensions
>
>(Alexandria, VA) -- Thanks to a generous pension system, life after
>Congress can be a lot more lucrative: that's the conclusion of a study
>released today by the National Taxpayers Union Foundation (NTUF), a
>research group known for its detailed estimates on Congressional retirement
>benefits.
<snip>

>Members of Congress are covered under the two major retirement systems that
>include most federal employees, but lawmakers enjoy better pension formulas
>and eligibility rules than rank-and-file workers (participation is
>voluntary). In addition, Congressional pensions are two to three times more
>generous than those offered to similarly-paid executives in the private
>sector; one reason is a yearly COLA that few businesses offer.

Another reason they do so well is they vote it for themselves. Where else
could you simply vote yourself a raise? Democracy at its finest......

America: where we have learned to vote ourselves bread and circuses! Watch
out Roman Empire, here we come too!

Best wishes,
Melody




Archive powered by MHonArc 2.6.24.

Top of Page