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| Permalink View Article Stats (1 comment) Lawmakers propose end to congressional pensions - Top conservatives not onboard Quicklink submitted by Amanda Lang (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| In an effort both to identify cost savings amid the nation's growing debt crisis and to give federal lawmakers more credibility in addressing related financial issues, Griffin and Rep. Mike Coffman (R-Colo.) have recently introduced separate proposals for the elimination of pension benefits for members of Congress... Members of Congress are eligible for a combination of retirement benefits, including Social Security and a pension plan called the Civil Service Retirement System (CSRS). Like other federal employees, lawmakers' pensions are financed through a combination of employee and employer contributions, according to a 2011 open source Congressional Research Service report studying retirement benefits. [Many Congressional conservatives DO NOT favor the legislation requiring their personal sacrifice to the surprise of few.] |
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Q: Why would any multi-millionaire NEED a pension?
by Jill Herendeen on Wednesday, Nov 30, 2011 at 12:24:00 PM