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View Full Version : I think I found where the cuts should be made................................



btcherm
10-06-2013, 07:03 AM
https://scontent-a-iad.xx.fbcdn.net/hphotos-prn1/p320x320/72665_10202164193810299_2124226652_n.jpg

(https://www.facebook.com/photo.php?fbid=10202164193810299&set=p.10202164193810299&type=1&relevant_count=1&ref=nf)

Bob Denman
10-06-2013, 07:16 AM
:clap::2thumbs:

TTBO!

IGETAROUND
10-06-2013, 09:59 AM
Could agree with you without reservations!!!!!:gaah::gaah:

Chupaca
10-06-2013, 10:31 AM
I don't think any of them are worth 5 of our troops or 12 of our seniors. Now if they can't do their job better than this why pay them.?? Ah....the net worth of logic..!! :roflblack:

Dan McNally
10-06-2013, 10:31 AM
While this chart has been going around the internet for a long time, it is an urban myth.
The Presidential pension is not a fixed amount, rather it matches the current salary of Cabinet members (or Executive Level I personnel), which is $191,300/year as of March, 2008 . . .


Under both CSRS and FERS (the two federal retirement systems . . . members of Congress first elected after 1 Jan 1987 fall under FERS) Members of Congress are eligible for a pension at the age of 62 if they have completed at least five years of service. Members are eligible for a pension at age 50 if they have completed 20 years of service, or at any age after completing 25 years of service. The amount of the pension depends on years of service and the average of the highest three years of salary. By law, the starting amount of a Member’s retirement annuity may not exceed 80% of his or her final salary.
As of October 1, 2012, 527 retired Members of Congress were receiving federal pensions based fully or in part on their congressional service. Of this number, 312 had retired under CSRS and were receiving an average annual pension of $71,472. A total of 215 Members had retired with service under FERS and were receiving an average annual pension of $40,560 in 2012.
The following link explains Presidential and Congressional salary and retirement.
http://www.ipl.org/div/farq/pensionFARQ.html (http://www.ipl.org/div/farq/pensionFARQ.html)

Bob Denman
10-06-2013, 11:23 AM
Even those a t 40 grand a year for doiing MORE of the nothing... is better than what I get for my little something!! :gaah:
(And I've been at it for 35 years...)