Retirement Party

Read this..about congress and social security…grrrr

Question:

A friend sent this…. just some food for thought I thought you might like to chew on for a while.  The next question is, though, how do we change it? This is worth reading, short and to the point! Our Senators/Congressmen do not pay into Social Security, and, therefore they do not collect from it. Social Security benefits were not suitable for them. They felt they should have a special plan. Many years ago they voted in their benefit plan. In more recent years, no congress person has  felt  the need to change it. After all, it is a great plan. For all practical purposes, their plan works like this: When they retire no matter how long they have been in office, they continue to draw their same pay until they die, except it may be increased from time to time by the cost-of-living adjustments. For example, former Senator Bill Bradley (New Jersey) and his wife may be expected to draw $7,900,000.00 over an average life span, with Mrs. Bradley drawing $275,000.00 during the last year of her life. Their cost for this excellent plan is "0," nada, zilch. This little perk they voted in for themselves is free to them. You and I pick up the tab for this plan.  Our tax dollars at work! Social Security, which you and I pay into every payday for our own retirement, with an equal amount matched by our employer, we can expect to get an average of $1,000 per month. Or, we would have to collect our benefits for 68 years and 1 month to equal the Bradley’s benefits. Imagine for a moment that you could structure a retirement plan so desirable, a retirement plan that worked so well, that Railroad Employees, Postal Workers, and others who were not in the plan would clamor to be included. This is how good Social Security could be, if only one small change was made. That change would be to jerk the Golden Fleece Retirement Plan out from under the Senators/Congressmen.  Put them into the Social Security plan with the rest of us. Watch how fast they fix it!!! If enough people receive this maybe a seed will be planted, and maybe good changes will evolve. Don’t forget, our girl, Hillary Rodham Clinton, thanks to the infinite wisdom of New York State voters, now comes under this Congressional Retirement Plan. Talking about the Clinton’s, it’s common knowledge that, in order for her to establish NYS residency, they purchased a million + house in upscale Chappaqua, NY. Makes sense. Now, they are entitled to Secret Service protection for life. Still makes sense. Here is where it becomes interesting. A residency had to be built in order to house the Secret Service agents. The Clinton’s now charge the Secret Service rent for the use of said residence and that rent is just about equal to their mortgage payment, meaning that we, the tax payers, are paying the Clinton’s mortgage and it’s all perfectly legal. "… lost in the darkness of my own circumstance, criticizing echoes leaving me awake in the night… the barrier and blockades that keep me safe and in control while I pretend that I am okay… "

Response:

If I ran for Presidency I would fire congress and there would be no more.  I would use the power of the internet and other means  for the people to run the country not congress.  Just firing of the congress would free the national debt.  Like you said take away their special plan and see how fast they come up with a retirement plan that works for everybody is pretty sad because you know they would.  They won’t unless they are put into the situation.  It is sickening, once they are done they are done, We don’t get to collect our salaries from our past employments.  We search for a new job and start with a new salary it’s only fair.  Another thing is that they are over over paid for the mess of a job they do.  I write and call my senators often and all one ever gets is some secretary and a letter with a rubber stamped signature.  This subject really burns me up and now I better get off of it before I get more upset. kjs – I want a special plan too – Hide quoted text — Show quoted text ->A friend sent this…. just some food for thought I thought you might like to >chew on for a while.  The next question is, though, how do we change it? >This is worth reading, short and to the point! Our Senators/Congressmen do not >pay into Social Security, and, therefore they do not collect from it. Social >Security >benefits were not suitable for them. They felt they should have a special plan. >Many years ago they voted in their benefit plan. In more recent years, no >congress person has  felt  the need to change it. After all, it is a great >plan. >For all practical purposes, their plan works like this: When they retire no >matter how long they have been in office, they continue to draw their same pay >until they die, except it may be increased from time to time by the >cost-of-living adjustments. >For example, former Senator Bill Bradley (New Jersey) and his wife may be >expected to draw $7,900,000.00 over an average life span, with Mrs. Bradley >drawing $275,000.00 during the last year of her life. Their cost for this >excellent plan is "0," nada, zilch. This little perk they voted in for >themselves is free to them. You and I pick up the tab for this plan.  Our tax >dollars at work! >Social Security, which you and I pay into every payday for our own retirement, >with an equal amount matched by our employer, we can expect to get an average >of $1,000 per month. >Or, we would have to collect our benefits for 68 years and 1 month to equal the >Bradley’s benefits. Imagine for a moment that you could structure a retirement >plan so desirable, a retirement plan that worked so well, that Railroad >Employees, Postal Workers, and others who were not in the plan would clamor to >be included. >This is how good Social Security could be, if only one small change was made. >That change would be to jerk the Golden Fleece Retirement Plan out from under >the Senators/Congressmen.  Put them into the Social Security plan with the rest >of us. Watch how fast they fix it!!! >If enough people receive this maybe a seed will be planted, and maybe good >changes will evolve. >Don’t forget, our girl, Hillary Rodham Clinton, thanks to the infinite wisdom >of New York State voters, now comes under this Congressional Retirement Plan. >Talking about the Clinton’s, it’s common knowledge that, in order for her to >establish NYS residency, they purchased a million + house in upscale >Chappaqua, NY. Makes sense. Now, they are entitled to Secret Service >protection for life. Still makes sense. Here is where it becomes interesting. >A residency had to be built in order to house the Secret Service agents. The >Clinton’s now charge the Secret Service rent for the use of said residence and >that rent is just about equal to their mortgage payment, meaning that we, the >tax payers, are paying the Clinton’s mortgage and it’s all perfectly legal. >"… lost in the darkness of my own circumstance, criticizing echoes leaving me >awake in the night… the barrier and blockades that keep me safe and in >control while I pretend that I am okay… "

Response:

Filed under: Retirement Plan