Our Senators and Congressmen don't pay in to Social
Security, and, of course, they don't collect from it.
Hmm. If this is such a good deal, then why aren't they required to
participate in it the way nearly all other US Citizens are? Instead, they
have a special retirement plan that they voted for themselves many years
For all practical purposes, their special plan (which we pay for)
works like this:
When they retire, they continue to draw their same pay, until they die,
except that it may be increased from time to time, by cost of living
For instance, former Senator Bradley, and his wife, may be expected to
draw $7,900,000, with Mrs. Bradley drawing $275,000 during the last year
of her life. This is calculated on an average life span for each.
This would be well and good, except that they paid nothing in on any
kind of retirement, and neither does any other Senator or Congressman.
This fine retirement comes right out of the General Fund: our tax
We pay for their luxury retirement plan, but draw an average of
$1000/month from Social Security.
Imagine for a moment that you could structure a retirement plan so
desirable that people would have extra deducted so that they could
increase their own personal retirement income. A retirement plan that
works so well, that Railroad employees, Postal Workers, and others who
aren't in it, would clamor to get in.
That is how good Social Security could be, if only one small change
were made. That change is to jerk the Golden Fleece retirement out from
under the Senators and Congressmen, and put them in Social Security with
the rest of us. Then watch how fast they fix it.
Write to your Congressman, today: http://www.house.gov/writerep/