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To: John W

I’ll wager congressional pensions are off limits.


17 posted on 01/17/2012 7:14:15 PM PST by P8riot (I carry a gun because I can't carry a cop.....Eagle Scout since Sep 9, 1970)
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To: P8riot
And--probably--so are the TSP accounts. You know, those PRIVATE RETIREMENT ACCOUNTS each and every Congress critter has (or can have if they wish) since, circa 1985, Fed employees were switched from Civil Service Retirement System (CSRS) to FERS. TSP (Thrift Savings Plan)is a system whereby Fed employees can take a percentage of their pay and INVEST it in private accounts--of varying risks. At one time, the Government even matched those investments (at a rate of 5%, I think).

I know personally of one Fed employee who earned $50,000 over 7 years, with a MINIMUM investment.

Just think how much the Congress critters have been able to put away, especially those who have been there over 25 years (since 1985).

So why do the Dems in this Congress RAIL against ANYONE who suggests allowing non-government employees to have PRIVATE RETIREMENT ACCOUNTS????

40 posted on 01/17/2012 8:18:12 PM PST by milagro (There is no peace in appeasement.)
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To: P8riot

No, congressman pension plans are same as federal employees.


41 posted on 01/17/2012 8:19:21 PM PST by scbison
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To: P8riot
I’ll wager congressional pensions are off limits.

You did notice the article said federal workers now didn't you?

70 posted on 01/18/2012 2:57:54 AM PST by mazda77 (and I am a Native Texan)
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