General Discussion

mfcorey1

(11,001 posts) Mon Jun 1, 2015, 08:01 AM Jun 2015

On CSPAN, they are scheduled to talk about Congress's efforts to limit the pension and

benefits of ex presidents. There is no discussion of limiting the pension and benefits of members and ex members of Congress. Is it ironic that it wold fall in line the future pension of Barack Obama? No, it is intentional!

http://www.c-span.org/video/?326277-4/washington-journal-kames-thurber-pensions-former-presidents

4 replies

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On CSPAN, they are scheduled to talk about Congress's efforts to limit the pension and (Original Post) mfcorey1 Jun 2015 OP

I think they should all go to 90/10 401k match on point Jun 2015 #1

Of all the non-issues, this could be the non-est BeyondGeography Jun 2015 #2

Someone did just that. The responder, James Thurber, danced all around the issue. Basically, mfcorey1 Jun 2015 #3

It looks to be 367 people collecting an average of $71K a year BeyondGeography Jun 2015 #4

on point

(2,506 posts)

1. I think they should all go to 90/10 401k match

Reply to mfcorey1 (Original post)

Mon Jun 1, 2015, 08:10 AM

Jun 2015

90% contribute by member, 10% match from gov.

This is still much more generous than what private sector see today, but sets a good example and lets them see the reality of the common person.

Oh BTW, only standard medical benefits te rest of us get, eg Medicare.

BeyondGeography

(39,395 posts)

2. Of all the non-issues, this could be the non-est

Reply to mfcorey1 (Original post)

Mon Jun 1, 2015, 08:14 AM

Jun 2015

There's a proposal from Ernst (who is sooooo concerned that her white followers will be paying fractions of a dollar per capita to Barack Obama in retirement) that would save a grand total of $2.7 million per year for the spending that currently goes to four ex-Presidents.

And C-Span plays along. Hopefully someone calls in and asks what those lifetime congressional benefits are costing in comparison.

mfcorey1

(11,001 posts)

3. Someone did just that. The responder, James Thurber, danced all around the issue. Basically,

Reply to BeyondGeography (Reply #2)

Mon Jun 1, 2015, 08:48 AM

Jun 2015

he made excuses for them.

BeyondGeography

(39,395 posts)

4. It looks to be 367 people collecting an average of $71K a year

Reply to mfcorey1 (Reply #3)

Mon Jun 1, 2015, 09:15 AM

Jun 2015

That adds up to a little over $2.6 billion annually. I used the numbers mentioned here:

http://www.factcheck.org/2015/01/congressional-pensions-update/

I don't begrudge them their benefits, but $2.6 billion v. a saving of $2.7 million if we "crack down" on ex-presidential "largesse" shows what a waste of time this is. Cspan should be embarrassed.

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