I read this definition I read this definition - Page 4 - Talk of The Villages Florida

I read this definition

 
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  #46  
Old 11-07-2011, 09:37 AM
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djp....how much of what you are presenting applies to the 535 in the government?

I suspect like every other pyramid of organization, the lawmakers do in fact get much more coverage, legitimate and otherwise. These people don't take these jobs just because they are deicated to serve ().

btk
  #47  
Old 11-07-2011, 10:14 AM
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From the sources I have, all of it applies. But, checking Wikipedia's entry on the subject, I can see where the confusion comes from.

It says that a 'full pension' is possible after 5 years (if the person is 62 or older, 20 years if they're 50+ and any age if they have 25+ years). This means they can get 5% of their salary - they're vested in the system and retire at 62 with 5 years. It's easy to see how someone can read "full pension" and think that they're getting their entire salary for the rest of their lives.

The switchover date from CERS to FERS was in 1987 (I thought it was 1984).

Now, as I understand it, they have a better health plan than I do - that would be one of the perks of being a legislooter over being a web programmer for the Air Force.
  #48  
Old 11-07-2011, 12:27 PM
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Will you still get your pension if you go to jail? Congress does. Lots of those laws you are reading do not pertain to congressional members. They exempted themselves and that information is really hard to find out about. But keep looking you will find it.
  #49  
Old 11-07-2011, 12:50 PM
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1) Yes, I will. Unless I break the law to the degree of a felony while in government service. If I leave and, years later, do something, it doesn't matter. There's a bill pending in Congress to expand the rules concerning denial of Congressional pensions. from the article I just read, only treason and a few other crimes can cause a legislooter to lose his/her pension.

2) I was a bit wrong about the calculations. Billthekid was on the right track. Congressional members and Congressional employees get 1.7% per year of Congressional service (not to exceed 20) PLUS 1% per year of other government service. Just as an FYI, Air Traffic Controllers, Firefighters, Law Enforcement Officers, Capitol Police, Supreme Court Police, or Nuclear Materials Couriers get 1.7% per year up to 20 years and 1% per year after that.
  #50  
Old 11-07-2011, 07:04 PM
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Quote:
Originally Posted by djplong View Post
1) Yes, I will. Unless I break the law to the degree of a felony while in government service. If I leave and, years later, do something, it doesn't matter. There's a bill pending in Congress to expand the rules concerning denial of Congressional pensions. from the article I just read, only treason and a few other crimes can cause a legislooter to lose his/her pension.

2) I was a bit wrong about the calculations. Billthekid was on the right track. Congressional members and Congressional employees get 1.7% per year of Congressional service (not to exceed 20) PLUS 1% per year of other government service. Just as an FYI, Air Traffic Controllers, Firefighters, Law Enforcement Officers, Capitol Police, Supreme Court Police, or Nuclear Materials Couriers get 1.7% per year up to 20 years and 1% per year after that.
legislooter? Freudian slip? LMAO...what an appropriate label!
  #51  
Old 11-07-2011, 07:37 PM
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legislooter!!!! another new, APPROPRIATE word!!!!!

btk
  #52  
Old 11-08-2011, 06:15 AM
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Quote:
Originally Posted by KatzPajamas View Post
legislooter? Freudian slip? LMAO...what an appropriate label!
I heard/came up with that term some years ago (can't remember which) and it seemed appropriate so I've been doing my part to widen it's usage
 


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