
07-29-2013, 10:42 PM
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Sage
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Join Date: Aug 2011
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Quote:
Originally Posted by 784caroline
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Where are you getting your information from. I said a Congressmen has access to Walter Reed hospital..I did not say it was free..I am not certain it is. I do know certain Govt Civilians overseas have access to military care/ hospitals and it is not free, you use your health insurance to reimburse the military and most likely it is the same way with congressmen using Walter Reed..and Congressmen pay for their health care. Following your rationale what happens if/when a congressmen gets sick in their home district or their family members need health care..they use their health insurance just like you or i buy.
Where are you getting congressmen get 16000/month for life???? As quoted from Wikipedia Congressional pension - Wikipedia, the free encyclopedia
The pension amount is determined by a formula that takes into account the years served and the average pay for the top three years in terms of payment. For example, a member elected before 1984 and thus qualifying under the CSRS plan, who worked for 22 years and who had a top three-year average salary of $153,900 would be eligible for a pension payment of $84,645 per year. A member elected after 1984 would have been enrolled under the FERS plan, and their pension payment under the same conditions ($153,900 top three-year average salary and 22 years of service[not in citation given]) would be $55,404.[not in citation given].[3]
Or from "CNN Money" Will your congressman retire richer than you? - Jul. 29, 2013
Based on current salaries, members of Congress who serve just five years are guaranteed annual pensions of more than $14,000 at age 62, according to current pension formulas. And those who serve 20 years or more can qualify for a pension of at least $59,000 as early as age 50. NOTE that was an ANNUAL pension of $16000 not monthly.
In 2011, 280 former lawmakers who retired under a former government pension system received average annual pensions of $70,620, according to a Congressional Research Service report. They averaged around 20 years of service. At the same time, another 215 retirees (elected in 1984 or later with an average of 15 years of service) received average annual checks of roughly $40,000 a year.
Look no one is saying that their benefits are not good..they are very good, but dont try and take someone down by using false or misleading statements.
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Excellent post. Thank you for looking all that material up. However, some people - as you can see - still do not believe in reality but just in what they want to be fact.
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