Any Truth to This? (Congressional Retirement & Social Security)

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Just something that was passed in the mail today. Any truth to it?

Congressional Retirement

Our Senators/Congressmen do not pay into Social Security, and, therefore they do not collect from it. Social Security benefits were not suitable for them. They felt they should have a special plan. Many years ago they voted in their benefit plan. In more recent years, no congress person has felt the need to change it. After all, it is a great plan. For all practical purposes, their plan works like this:

When they retire no matter how long they have been in office, they continue to draw their same pay until they die, except it may be increased from time to time by the cost-of-living adjustments.

For example, former Senator Bill Bradley (New Jersey) and his wife may be expected to draw $7,900,000.00 over an average life span, with Mrs. Bradley drawing $275,000.00 during the last year of her life.

Their cost for this excellent plan is "0", nada, zilch. This little perk they voted in for themselves is free to them.

You and I pick up the tab for this plan. Our tax dollars at work! Social Security, which you and I pay into every payday for our own retirement, with an equal amount matched by our employer, we can expect to get an average of $1,000 per month. Or, we would have to collect our benefits for 68 years and 1 month to equal the Bradley's benefits.

Imagine for a moment that you could structure a retirement plan so desirable, a retirement plan that worked so well, that Railroad Employees, Postal Workers, and others who were not in the plan would clamor to be included.

This is how good Social Security could be, if only one small change was made. That change would be to jerk the Golden Fleece Retirement Plan out from under the Senators/Congressmen. Put them into the Social Security plan with the rest of us. Watch how fast they fix it!!!

Don't forget, our girl, Hillary Rodham Clinton, thanks to the infinite wisdom of New York State voters, now comes under this Congressional Retirement Plan.

Talking about the Clinton's, it's common knowledge that, in order for her to establish NYS residency, they purchased a million + house in upscale Chappaqua, NY. Makes sense. Now, they are entitled to Secret Service protection for life. Still makes sense. Here is where it becomes interesting!! A residency had to be built in order to house the Secret Service agents.

The Clinton's now charge the Secret Service rent for the use of said residence and that rent is just about equal to their mortgage payment, meaning that we, the tax payers, are paying the Clinton's mortgage and it's all perfectly legal.

Deano

-- Deano (deano@luvthebeach.com), August 16, 2001

Answers

Seano, you are a troublemaker. We are watching you.

-- (NWO@neighborhood.watch), August 16, 2001.

Uh.......it's 'D'eano there big guy.......

I ask again - is there any truth to this??? Seriously folks......

Deano

-- Deano (deano@luvthebeach.com), August 16, 2001.


Yes, it is true. I thought everyone knew about it.

-- Cherri (jessam6@home.com), August 16, 2001.

I don't believe the crap about the Clinton's little scam with their house has been properly editorialized.

-- libs are idiots (moreinterpretation@ugly.com), August 16, 2001.

Sorry Cherri,

Musta been everyone but me.......oh well....

Deano

-- Deano (deano@luvthebeach.com), August 16, 2001.



How could they resist taking advantage of the morons who dutifully submit to a law that doesn't exist? Hey Porter, have you found that statute yet?

Didn't think so.........

-- KoFE (your@town.USSA), August 16, 2001.


I love you KoFE.

-- helen (love@day.randomly), August 16, 2001.

I love you too, KoFE -- you're still the best time waster on the internet. Drop me a line if you ever get the time (and literacy level) to read the tax code.

-- E.H.Porter (just.wondering@about.it), August 16, 2001.

LOL

-- All (liberals@must.die), August 16, 2001.

Yes Porter, your time is very valuable. How do you tear yourself away to come here?

Meanwhile, you still haven't produced that statute.... funny how you would rather TRY to turn the issue into my problem.

Still waiting Porter. The other intellects here could understand it, even if I can't. How about it Porter?

I love you too, Helen.

-- KoFE (your@town.USSA), August 16, 2001.



No, not the tax thing again!

-- Jack Booted Thug (governmentconspiracy@NWO.com), August 16, 2001.

JBT, I can't be the only one here to see this guy is full of shit.

He's obviously afraid to even try to begin; he knows he can't back it up.

-- KoFE (your@town.USSA), August 16, 2001.


Good Night, KoFE

-- E.H.Porter (just.wondering@about.it), August 16, 2001.

I predict that we will get just about anything but an answer from our "lawyer" friend.

-- KoFE (your@town.USSA), August 17, 2001.

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