Subject: Favored Congressmen/women? How...be surprised
Our Senators and Congressmen don't pay in to Social Security, and, of
course, they don't collect from it.
The reason is that they have a special retirement plan that they voted
for themselves many years ago. For all practical purposes, it 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 adjustments.
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 money. While we who pay for it all, 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.
If enough people receive this, maybe one or some of them along the
way, might be able to help. How many can YOU send it to?
MSU Air Force ROTC is a non-profit organization
For information about Air Force ROTC, Please call 325-3810
[List Management]
[List Archives]
[afrotc-l Archives]
For information about this page, contact
owner-afrotc-l@lists.msstate.edu.
For information about Mississippi State University, contact
msuinfo@ur.msstate.edu.
Last modified: 04-29-2000.
Mississippi State
University is an equal opportunity institution.