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Re: Subject: Fwd: Congressional Reform Act of 2011 

By: oldCADuser in FFFT | Recommend this post (2)
Mon, 01 Aug 11 6:22 AM | 27 view(s)
Boardmark this board | Food For Further Thought
Msg. 31122 of 65535
(This msg. is a reply to 31118 by clo)

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Clo,

The congressional retirement fund was shutdown in 1984 and the only people who can collect from it are those who served prior to 1984, but they only get credit for their time in congress before 1984. Starting in 1985, all congressman and Senators (and theirs staffs) paid into Social Security like everyone else. They are allowed, like any other federal employee, to join what is equivalent to a 401k where they determine how much they want to invest and how it's invested, and like in the private sector, a percentage of their contributions are matched. So technically, as far as pensions go, they're getting what any other federal employee would get.




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The above is a reply to the following message:
Subject: Fwd: Congressional Reform Act of 2011
By: clo
in FFFT
Mon, 01 Aug 11 2:49 AM
Msg. 31118 of 65535

Subject: Fwd: Congressional Reform Act of 2011

In three days, most people in The United States of America will have the message. This is one idea that really should be passed around.

Congressional Reform Act of 2011

1. No Tenure / No Pension.
A Congressman collects a salary while in office and receives no pay when they are out of office.

2. Congress (past, present & future) participates in Social Security.
All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system, and Congress participates with the American people. It may not be used for any other purpose.

3. Congress can purchase their own retirement plan, just as all Americans do.

4. Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.

5. Congress loses their current health care system and participates in the same health care system as the American people.

6. Congress must equally abide by all laws they impose on the American people.

7. All contracts with past and present Congressmen are void effective 1/1/12.

The American people did not make this contract with Congressmen. Congressmen made all these contracts for themselves. Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, so ours should serve their term(s), then go home and back to work.

If each person contacts a minimum of twenty people then it will only take three days for most people (in the U.S. ) to receive the message. Maybe it is time.

THIS IS HOW YOU FIX CONGRESS!


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