Give Me A Break: Chris Cuomo Takes On Congressional Perks
By CHRIS CUOMO (@ChrisCuomo) , GLENN RUPPEL AND LINH TRAN
Nov. 4, 2011
For all the talk from those in Congress about how we all have to tighten our belts and make do with what we have, you would expect your lawmakers to follow suit. But this is a case of actions speaking louder than words.
The percentage of private sector workers with pensions dropped from 84 percent to 34 percent over the last three decades. Congress, on the other hand, has a better pension plan than just about anybody.
A 20-year member of Congress who is at least 62-years-old collects over $50,000 a year for life. Private sector employees collect an average of $16,000 annually. Congress members are also eligible for pensions at 50-years-old if they've completed 20 years of service. If they've served more than 20 years, they can collect their pension despite their age.
Much more, watch:
http://abcnews.go.com/US/chris-cuomos-give-break-congressional-perks/story?id=14884393#.TrbuEbKtHFt
DO SOMETHING!
| 