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To: Brilliant
the victim...

Poor old Russ. 18 years at the Government tit, a big fat pension, and lifetime free medical care. Yea, he's a victim alright.

12 posted on 12/28/2010 6:48:44 AM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Lurker

Can’t you feel his pain, you brute?


13 posted on 12/28/2010 7:09:12 AM PST by nina0113
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To: Lurker
"Free"? He gets a fat pension ~ but that's because Congresscritters get double credit for every year service. You take 60 years service time he maxed out his CSRS at 80% of his high three, but if he transferred to FERS in 1987/88 ~ he'd get another 22% on top of that, or 102% of high three.

Just another day in Congress.

Where he gets the big bucks is working for a lobbyist.

14 posted on 12/28/2010 7:11:19 AM PST by muawiyah
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To: Lurker
"Free"? He gets a fat pension ~ but that's because Congresscritters get double credit for every year service. That gives him 60 years service time. He only needed 20 years to get his 40 years service time which would yield an 80% maximum retirement based on his high three years.

If he transferred to FERS in 1987, he'd have 7 years under CSRS ~ but that's 14 years service time, and that would give him about 20% of his high three, PLUS 23 more years under FERS, which would give him 46% times his high three. Total benefit would be 66% of his high three.

By federal standards either deal is fairly high, but that's because he had a high salary category ~ Congress critters get more than mere federal employees ~ a lot more!

Where Feingold will make the big bucks is for a couple of years working for a non-profit think tank in a sponsored chair, but he can make even more as a lobbyist after that.

How much do you folks think a superannuated Leftwingtard Fascist puke can make in this town ~ a little, a lot, just enough, or what?

17 posted on 12/28/2010 7:17:28 AM PST by muawiyah
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