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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-27-06 11:36 PM
Original message
The LAZY congress of the US
ok folks, this is just one thing that occured to me. We all know that these lazy Congress critters have only worked oh... 96 days in this period.. now... here is how we can use this... who is in charge? Oh yes, Republicans... who refuse to do their job. Could it be that just as the Presnit they just love to be paid to do nothing? Yep, the new Republcian Word Ethic... show up for work, well maybe, and get paid for doing nothing... couold this work, and don't give me credit if you think it can. Just use it!

I mean I work easily 14 and 16 hour days trying to build a business, but it seems being a Congress critter with THIS leadership is just a cushy job. Granted, once we take the House and the Senate back the vacation is over... but tell me it will not be because of a Republican lack of work ethic.

Nadin
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-28-06 12:02 AM
Response to Original message
1. .and for those 96 days, they get paid something over $130,000 and
Edited on Fri Apr-28-06 05:09 PM by newyawker99
lifetime health and pension benefits the likes of which most of us could only dream about. :mad:
And, even spending time in jail will not deprive them of those benefits.

http://news.yahoo.com/s/ap/congress_benefits


Lawmakers Never Faced With Losing Benefits
By JIM ABRAMS, Associated Press Writer

Members of Congress occasionally lose elections, but they never lose retirement and health benefits that most Americans can only envy.

A lawmaker who retires at 60 after just 12 years in office can count on receiving an immediate pension of $25,000 a year and lifetime benefits that could total more than $800,000.

That doesn't include 401(k) benefits. And any member who lasts five years in office also can get taxpayer-subsidized health care until he or she reaches Medicare age.

Congressional pensions tend to be far more generous than those offered in the private sector. Benefits start earlier and — unlike most private pension plans promising a fixed monthly payment based on years worked and pay — come with annual cost-of-living increases. They also accrue a third faster than the average plan offered by private companies.

Any member of Congress with five years of service is eligible for full benefits at 62. Those with 20 years in office can get full benefits at 50, younger than most workers.

Cost-of-living adjustments, a shield against inflation, "haven't been slightly common since the 1980s" in the private sector, said John Ehrhardt, an expert in corporate retirement programs at the Seattle-based consulting and actuarial firm Milliman. He said COLAs could add 25 percent to the value of a congressional plan over its lifetime.


More at link....

EDIT: COPYRIGHT. PLEASE POST ONLY 4 OR 5
PARAGRAPHS FROM THE COPYRIGHTED NEWS SOURCE
PER DU RULES.

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