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Jefferson Review |
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"Your Liberty is Our Interest" |
March 7, 2005 | |
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Congressman Geoff Davis on Stories About Congressional Retirement Plan
> Bernie, this is a lie. Plain and simple. It is outrageous urban > legend. Any > person can go to the congressional web site and see open source material about pay and benefits. This kind of propaganda is about of the same quality, veracity, caliber as what the Soviets used to say about us. > > I pay into Social Security every payroll. My retirement plan is part > of the Federal Employee Retirement System. After 30 years of Federal Service (when I'm 76) my pension will be only about 40% of current base pay...while a military retiree gets 75% for the same years of service. It is a modest plan and has a Thrift Saving Annuity like a 401k that we can join. I would be much better off financially in the commercial world...but money is not why Pat and I paid such a high price both personally and financially to serve. > > Thank you, Bernie, for coming to the source to get this straight. In > the future, I would suggest that everyone get the facts before passing this kind of stuff around. Truth and Liberty are inexorably linked. Geoff > >
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