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Your congressman's padded retirement plan
Washington Examiner ^ | 11/19/09 | David Freddoso

Posted on 11/19/2009 9:12:45 PM PST by FromLori

After serving 18 years in Congress, former Rep. William Jefferson of Louisiana, a Democrat, will continue his service in a different federal institution -- prison. He was sentenced recently to serve 13 years for bribery.

But his fellow prisoners will have to forgive Jefferson if he grins and whistles as he stamps out license plates. That's because he is still eligible for a guaranteed $50,000 pension in his first year of retirement, which will increase each year thereafter with the cost of living.

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: Government; News/Current Events
KEYWORDS: congress; jefferson; pension; retirement

1 posted on 11/19/2009 9:12:45 PM PST by FromLori
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To: FromLori

This guy like so many others will be rewarded for stealing.

We should cut their pensions just like they cut ours.


2 posted on 11/19/2009 9:20:07 PM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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