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Re: Sen. John Ensign he will resign his Senate seat on "Good Friday" a bit ironic... 

By: ribit in FFFT | Recommend this post (1)
Sat, 23 Apr 11 4:54 AM | 87 view(s)
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Msg. 28499 of 65535
(This msg. is a reply to 28484 by oldCADuser)

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ocu
...I had to work 30 years for a retirement and I expect you have or will have to as well. I understand a congressman / senator can retire with a lot less than 30 years.

...my point was that there is some reason he picked that particular date. It coulda been where his dart landed when he threw it at the calendar, but I kinda doubt it.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
Re: Sen. John Ensign he will resign his Senate seat on "Good Friday" a bit ironic...
By: oldCADuser
in FFFT
Fri, 22 Apr 11 9:34 PM
Msg. 28484 of 65535

There are no more 'special' pensions for members of congress (haven't been since 1985). They have to now pay into Social Security and Medicare like everyone else, however they do have the same opportunity as any other federal employee to join the equivalent of a 401k where they can make contributions and where a portion of it will be matched by the government. Now don't get me wrong, they probably have a greater opportunity to 'feather their nest' with gifts and honorarium than the average citizen, but that depends on their own abilities and creativity. However, stay a few extra months in Congress will gain a person very little long term, other then perhaps trying to set things up for someone else to be appointed/elected in his stead.


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