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Congressional Social Security

Original post made by Phil Day, Castlewood, on Jul 29, 2009

Congress has not even resolved the healthcare bill and now Robert Gibbs mentioned yesterday that next up will be revisiting what to do with regards to social security reform. Below is quite interesting.


SOCIAL SECURITY:

(This is worth reading. It is short and to the point.)

Perhaps we are asking the wrong questions durin g election years.

Our Senators and Congresswomen do not pay into Social Security and, of course, they do not collect from it.

You see, Social Security benefits were not suitable for persons of their rare elevation in society. Theyfelt they should have a special plan for themselves.. So, many years ago they voted in their own benefit plan.

In more recent years, no congressperson 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, they continue to draw the same pay until they die.
Except it may increase from time to time for cost of living adjustments...

For example, Senator Byrd and Congressman White and their wives may expect to draw $7, 800,000.00 (that's Seven Million, Eight-Hundred Thousand Dollars), with their wives drawing $275,000.00 during the last years of their lives.
This is calculated on an average life span for each of those two Dignitaries.

Younger Dignitaries who retire at an early age, will receive much more during the rest of their lives.

Their cost for this excellent plan is $0.00. NADA!!! ZILCH!!!

This little perk they voted for themselves is free to them. You and I pick up the tab for this plan. The funds for this fine retirement plan come directly from the General Funds;

"OUR TAX DOLLARS AT WORK"!

From our own Social Security Plan,which you and I pay (or have paid) into, every payday until we retire(which amount i s matched by our employer), We can expect to get an average of
$1,000 per month after retirement.

Or, in other words, we would have to collect our average of $1,000 monthly benefits for 68 years and one (1) month to equal Senator Bill Bradley's benefits!

Social Security could be very good if only one small change were made.

That change would be to

Jerk the Golden Fleece Retirement Plan from under the Senators and Congressmen.. Put them into the Social Security plan with the rest of us

Then sit back.....

And see how fast they would fix it!

If enough people receive this, maybe a seed of awareness will be planted and maybe good changes will evolve.

Comments (6)

 +   Like this comment
Posted by Original Joe
a resident of Downtown
on Jul 29, 2009 at 8:47 am

They are a magical group of people, and this is why we should never vote them out of office, its just too darn expensive. And many of them are drawing pensions from other sources, as well. Example: Alan Cranston was State Controller of Calif. and made $16,000.00/year (thats when 16K meant something) and then he got elected to the US Senate where his pension from Calif. grew to $32,000.00 and he wasn't the only double dipper.
Ya its just magical....


 +   Like this comment
Posted by Mary
a resident of Country Fair
on Jul 29, 2009 at 8:55 am

and in addition they do not have the same healthcare plan that is available to the rest of the population and I understand that they have a special program and actually have a medical center with doctors and a pharmacy right on site.


 +   Like this comment
Posted by Oh yea
a resident of Downtown
on Jul 29, 2009 at 9:48 am

Oh yea, guess who paid for Ted Kennedy's brain operation ?


 +   Like this comment
Posted by Cholo
a resident of Livermore
on Jul 29, 2009 at 2:29 pm

no kidding...guess who pays for the health care of millions and millions and millions of ILLEGALS...you do...hahahahahahahahahahahahahahhahaha...


 +   Like this comment
Posted by Don
a resident of Bridle Creek
on Jul 29, 2009 at 2:51 pm

You are SO Pathetic! Why were you all NOT whining for the LAST eight years, or prior to the economy tanking?


 +   Like this comment
Posted by Scott Walsh
a resident of Pleasanton Valley
on Jul 30, 2009 at 7:20 am

Phil and anyone else interested please go to snopes.com and read the truth about Congressional Pensions. Search Congressional Pensions.


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