Not only do congressional representatives and senators earn the guarantee of a monthly pension check — a benefit that has become increasingly rare for most U.S. workers — they also receive Social Security payments and can opt to pay into the federal Thrift Savings Plan, a 401(k) style-plan with fees that are far lower than most retirement plans.
As a result, longtime members of Congress can easily retire with six-figure annual incomes for life.
Based on current salaries, members of Congress who serve just five years are guaranteed annual pensions of more than $14,000 at age 62, according to current pension formulas. And those who serve 20 years or more can qualify for a pension of at least $59,000 as early as age 50.
http://money.cnn.com/2013/07/29/retirement/congress-pension/
Members of Congress and the Senate are a bunch of overpaid worthless quislings who have not even been able to pass a budget in over 6 years. The only time they can manage to pass any type of legislation is if its in their own self interest and a detriment to the people they represent.
They should all be fired.
No one forced them to be a congress critter so go home. Get another job like real people do. He has been there far too long.
Despite his calls for a pay raise, Moran has been accused of using his position in Congress for his own financial gain.
In 2002, he supported a bill to overhaul the bankruptcy laws that was being heavily advocated by MBNA Corporation of Delaware, a credit card company who was found to have loaned Moran $447,500 “on what appeared to be highly favorable terms,” according to a New York Times article from the time.
Moran has also been accused — by author Peter Schweizer — of insider trading, allegedly using information he obtained in a congressional hearing to make more than 90 trades in a single day ahead of the 2008 financial collapse. Moran has denied wrongdoing.
He is retiring at the end of the year.
Moran’s networth went from 12.7 million in 2007 to $266,000.00 in 2010. I don’t know why it dropped so much or what it is now.
Divide that salary by the actual number of hours these assclowns work and it would be compared to professional athletes. I could only dream of a job where I only have to work about 100 days a year. If that.
Not to mention the “perks” they get on our dime. Feed em fish heads I say!
So, I ask, why do these dip sh*ts spend 10 of millions of dollars to get these low paying jobs?
Can’t they make it up on insider trading?
hell, i’d pay them all minimum wage!
Moron isn’t running so he’s doing his part to pollute the public opinion of “congress” aka Republicans before the elections. There is no and there won’t be any resolution to increase pay this year.
Look for more of these tactics as time rolls by.. at least one a week from now until then. It will be opinion polls, it will be “revelations” about congressional republicans. The democrats are ramping up the oppo research staffs so expect to see stories about court filings mysteriously surfacing, parking tickets, property tax issues, credit card issues, student loan issues, gun ownership, college grades, personal business records etc, etc, etc...
Then the SOB should get himself a RV camper in live in it like I did for two years on the job.
Lying worthless bastard.
Hey Moron, then go find a job in the private sector that pays $174,000
a year...plus all the vote buying and bribes you get under the table.
In this day and age, with the technology,they can work from their own districts.
House members should be made to work in a central county building in their districts and Senators from their state capitals. That way after repealing the 17th amendment, the state legislators wouldnt have far to go to haul the senate critters in to impeach the out of line senators, and the reps would have to dodge the rotten eggs chucked at them from the general public in their districts. The number one lobby would be the citizens of their districts and states.
Really, is that what you think in spite of the oath you took?
You make laws you do not have to abide by. Your pay should be expense only.
Asking for a pay raise just because you live there doesn’t scream “public service” at all.
Get Bent, Democrat tax-digger from hell.
Doofus, if you don’t like the pay, don’t sign up for the job.