Re: Government Salaries-CONGRESS WINS!
Salaries As of January 2010[update], the annual salary of each Representative is [B][U]$174,000[/U][/B].[13] The Speaker of the House and the Majority and Minority Leaders earn more: $223,500 for the Speaker and $193,400 for their party leaders (the same as Senate leaders). A cost-of-living-adjustment (COLA) increase takes effect annually unless Congress votes to not accept it. Congress sets members' salaries; however, the Twenty-seventh Amendment to the United States Constitution prohibits a change in salary (but not COLA[14]) from taking effect until after the next general election. Representatives are eligible for lifetime benefits after serving for five years, including a pension, health benefits, and social security benefits.[15]
And the President, this will make your head spin.
[url]http://www.timesonline.co.uk/tol/news/world/us_and_americas/article7099221.ece[/url]
Re: Government Salaries-CONGRESS WINS!
[QUOTE=HURRICANEBOB;436333]Representatives are eligible for lifetime benefits after serving for five years, including a pension, health benefits, and social security benefits.[/QUOTE]
Lifetime benefits for government workers in general is what burns me up. I feel the same about any other worker too, auto workers, etc...why are all these people eligible for lifetime benefits? I sort of feel like I do ok on a month-to-month basis, but in no way will there be anything waiting for me at the end of my run except for what I have saved on my own. I have a 401K...and that's about it.
Let ALL levels of government workers (state and fed) scrimp and save the same way as MOST average worker bee's do...when they're finished with their run what they have is what they have...to heck with all these super gold rated retirement packages, just think of the money that would be saved.
Also...working for the sate and being eligible for retirement after 26 or 28 years of service??? Are you kidding me???? What makes these folks and their positions so high and almighty that they deserve such luxurious treatment?
Re: Government Salaries-CONGRESS WINS!
[QUOTE=Chubminnow;436338]Lifetime benefits for government workers in general is what burns me up. I feel the same about any other worker too, auto workers, etc...why are all these people eligible for lifetime benefits? I sort of feel like I do ok on a month-to-month basis, but in no way will there be anything waiting for me at the end of my run except for what I have saved on my own. I have a 401K...and that's about it.
Let ALL levels of government workers (state and fed) scrimp and save the same way as MOST average worker bee's do...when they're finished with their run what they have is what they have...to heck with all these super gold rated retirement packages, just think of the money that would be saved.
Also...working for the sate and being eligible for retirement after 26 or 28 years of service??? Are you kidding me???? What makes these folks and their positions so high and almighty that they deserve such luxurious treatment?[/QUOTE]
Chub, all levels of gov workers do not make enough money to scrimp and save the way some folks with larger incomes can. I know first hand that some of us gov. workers work for our retirement benefits because there is no other reason you would work at some of these lower paying jobs.
Now I agree that there are also some of these gov jobs that pay big bucks but not all.
Also Chub all state retirement benefits are not the same.
DA