lowfog01 wrote:Please stop spreading misinformation about the Congressional Retirement system. Check out http://www.senate.gov/reference/resourc ... L30631.pdf
Representatives do not get a retirement of any kind after one term. Senators get next to nothing if they retire after one term. As the reference will tell you a one term (2 years) Congressman will only get a return of the money he personally puts in to the 401K; that's because a government worker - any government worker - doesn't get vested in the system until 5 years. He can not retire, he merely resigns or quits taking the money he personally put into the retirement system with him. One term Senators are different because they have 6 year terms but they do not retire with full pensions. A one term senator is not going to get a big retirement check; he will get both the money he contributed and that which the government contributed to his 401K for his eventual retirement. Unless he is 65 upon leaving Federal employment that money must be rolled over into a new 401K plan for their future retirement; failure to do so will result in taxes and a fine. The Government contribution to the 401K is 5% of the base salary (I think) but the government will match up to your contribution not to exceed 10%. You can personally add more but it won't be matched beyond 10%. The current federal retirement system does not provide a huge government retirement check monthly and it's certainly not enough to solely exist on. If you are not contributing to the 401K plan, too, you are going to be a hurting puppy at retirement age. If you get a decent retirement check from the Government after retirement as a member of Congress it's because you have been there for many years, like Robert Byrd, and have been contributing the max to your 401K each month. If you were elected before 1984 you may be under the older plan which was far more generous. Anyone elected after 1984 has been paying SS and will be able to collect that.
The current government does not provide as generous retirement plan as it used to and it's certainly unfair to continue to imply that it does. The current retirement plan is on par with any Fortune 500 company's retirement plan.
This is a subject near and dear to me as my husband is a government worker and we fall under the same plan as the Congress does. We contribute to the plan via the 401K up to the maximum government matching of 10% of salary per year. We have been doing so for 26 years even though it was tough at times. That 401K is his retirement pay as it is with the rest of the government workers.
That being said, I agree that Congress needs to be held accountable under each and every law they pass; to have it any other way is unacceptable. Unfortunately, I don't see this Amendment happening under the current Congress and the other routes to an Amendment to the Constitution would have an uphill climb to getting passed. It should be done anyway but it will be an uphill climb. Lisa
I think each state should have a means within the state Constitution to remove members of Congress for just cause; a referendum if you will - like NJ has.
"It has been determined that the qualifications and election of a Member of the United States Senate is a matter of exclusive jurisdiction of federal authority and that neither the United States Constitution nor federal statute provide for a recall proceeding for a federally-elected official.
Therefore, in my capacity as the Chief Election Official of the State of New Jersey, I hereby determine that neither the Notice of Intention to Recall nor the proposed Petition can be accepted for filing or review."
The case never made it to the Supreme Court.United State District Judge Alfred C. Hagen has ruled that a United State Senator "cannot be recalled by the people of the state from which he was elected."...
The judge said a state recall of a Senator would violate the portion of the Federal Constitution, which says of Congress that "each house shall be the judge ofthe elections, returns and qualifiications of its members."
lowfog01 wrote:freetown fred wrote:Soooo,a limit on terms served would be nice,I'm surprised at you,but you mention nothing here on the health care made available to them compared to us issue & only touched on the accountability issue law wise--lets look at Kennedy & Mary-Jo,Spitzer & his whores,the sexual scandals constantly uncovered with politicians & aids & who knows who else,the head of the RNP,who they will keep on because of the upcoming elections & they don't want to rock the boat--my thoughts--sh_t can the bunch of them I don't care what kind of rehab the sick bastards go into--if it were you & me nobody would care,especially the judge,my saying"I torry,I'll do better O.K. so gerard got some??? mis-info on the retirement issues,big deal--I only could wish that I had all the time off that these politicians get & get paid for.What do they need so much rest for--I guess guilt makes you tired--guilt over the nothing they seem to primarily do as far as getting us out of this quagmire that has been created by them over the years The more I read & hear,the more they come off as the suk-asses they are--as usual they cover each others butts & we pay them outlandish amounts of money for them to do it
So I am confused... my point was to clear up the misunderstanding on the Congressional Retirement Plan. Simply, it's not all that great as alluded to by the first posting here. I didn't mention anything else about health care or other perks of the job because what's put forth about them is accurate to the data I've seen. My last paragraph clearly says I support the proposed admendment. Congress and government officials in general should be held to the same laws as the common people. I also said it's not going to be easy to get that amendment accomplished. Personally, I don't think term limits are the answer. I think each state should have a means within the state Constitution to remove members of Congress for just cause; a referendum if you will - like NJ has. I am working with my state AG to put such a clause in the VA Constitution. I'm sorry if I ruffled any feathers, I hope it didn't mess up your day. Lisa