The more I read, the more I fear for America and its Republic.

The incredible ignorance displayed by this and many similar social media posts and the thousands of approvals and favorable comments is frightening.

A meager effort to research the facts and a modicum of critical thinking would reveal the truth, but that effort is rarely applied.

I recall daily Ben Franklin’s words .

“A Republic madam, if you can keep.”

A member of Congress must maintain a residence in their home state, they must live in Washington DC. They may have a family to relocate. They give up a job and can lose their congressional job in a few years. They take a risk.

They work every day, in session or not, they work on committees beyond general sessions, they work in their home districts.

Congress has not had a raise or COLA adjustment in seventeen years (2009)

They are certainly not overpaid.

Like all other federal workers they must contribute toward a pension, social security and Obamacare health insurance.

They must select a gold level health insurance plan offered on a designated exchange, all with significant deductibles.

The government contributes the lesser of:

1. 72% of the program-wide weighted average premium, or
2. 75% of the premium for the specific plan selected

similar to contributions for all federal workers. They pay much more than $300 in premium with deductibles mostly well over $1,000

Members since 2014 contribute 4.4% of pay to a pension plus social security taxes. A member of the House must be re-elected twice to become vested in any pension.

After twenty years of service their pension would be $34,800 per year if retired before age 62 and $38,280 if retire at 62 or later. Less than 25% of pay – contrary to the pay for life myth.

And remember, they must be re-elected by the “informed public” several times to even reach the 20-year point.

As far as forced to retire at age 70, voters can make that happen.

3 comments

    1. So what? Not all are rich, and for those that are, most of their wealth was before being elected or from a spouse.

      Why should they not be allowed to invest and accumulate wealth for their future and families like everyone else?

      Insider stock trading? Wrong and illegal, but even if that occurs it doesn’t come from taxpayers pockets.

      Like

      1. So what.!!!!!! Please, they have advantages that we do not…are they supposed to be protecting and supporting us, not taking advantage of their influence & information….

        Like

Leave a Reply