Congressional Retirement"
This is worth reading, short and to the point!
Our Senators/Congressmen do not pay into Social
Security, and, therefore they do not collect from it.
Social Security benefits were not suitable for them.
They felt they should have a special plan.
Many years ago they voted in their benefit plan. In
more recent years, no congress person has felt
the need to change it. After all, it is a great plan.
For all practical purposes, their plan works
like this:
When they retire no matter how long they have
been in office, they continue to draw their same
pay until they die, except it may be increased from
time to time by the cost-of-living adjustments.
For example, former Senator Bill Bradley (New
Jersey) and his wife may be expected to draw
$7,900,000.00 over an average life span, with
Mrs. Bradley drawing $275,000.00
during the last year of her life.
Their cost for this excellent plan is "0," nada,
zilch. This little perk they voted in for themselves is
free to them.
You and I pick up the tab for this plan. Our tax
dollars at work!
Social Security, which you and I pay into every
payday for our own retirement, with an equal
amount matched by our employer, we can expect
to get an average of $1,000 per month. Or, we
would have to collect our benefits for 68 years
and 1 month to equal the Bradley's benefits.
Imagine for a moment that you could structure a
retirement plan so desirable, a retirement plan
that worked so well, that Railroad Employees,
Postal Workers, and others who were not in the
plan would clamor to be included.
This is how good Social Security could be, if only
one small change was made. That change would
be to jerk the Golden Fleece Retirement Plan out
from under the Senators/Congressmen. Put them
into the Social Security plan with the rest of us.
Watch how fast they fix it!!!
If enough people receive this maybe a seed will be
planted, and maybe good changes will evolve.
Don't forget, our girl, Hillary Rodham Clinton,
thanks to the infinite wisdom of New York State
voters, now comes under this Congressional
Retirement Plan.
Talking about the Clinton's, it's common knowledge
that, in order for her to establish NYS residency,
they purchased a million + house in upscale
Chappaqua, NY. Makes sense. Now, they are
entitled to Secret Service protection for life.
Still makes sense. Here is where it becomes
interesting!! A residency had to be built in order
to house the Secret Service agents.
The Clinton's now charge the Secret Service rent
for the use of said residence and that rent is just
about equal to their mortgage payment, meaning
that we, the tax payers, are paying the Clinton's
mortgage and it's all perfectly legal.
You gotta luv it.
Is Everybody Happy?????????
How many people can YOU send this to.
You 'gotta' love our politicians
You 'gotta' love our politicians
Gee Sensei,
You sure opened up a can of worms.
I just found out that the corporation that I work for will be reducing its share of fees that it pays for our HMO Medical Insurance.
I was paying $15.70 every two weeks for the family plan. As of October 1, 2001, I will now pay $119.00 every two weeks.
I wonder what kind of medical coverage the retiring Senators have, also at our expense.
------------------
Len
You sure opened up a can of worms.
I just found out that the corporation that I work for will be reducing its share of fees that it pays for our HMO Medical Insurance. I was paying $15.70 every two weeks for the family plan. As of October 1, 2001, I will now pay $119.00 every two weeks. I wonder what kind of medical coverage the retiring Senators have, also at our expense. ------------------
Len
