Of interest to all.
May 03, 2000 at 12:08:33
Thought you would find this interesting!
So that those who don't know. . .
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 pull 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?
 Follow Ups:
Post a Followup
This forum has been discontinued - please use our new forum
Comments:
|
