The US Congress years ago created their own retirement plan. This plan is not the screwed up Social Security system we peons are supposed to be getting. Their plan provides 100% of their salaries, very generous medical benefits, to name a few, upon their retirement until they die. And when they die, their spouses continue to receive these same benefits. And they contribute NOTHING to these plans financially while they are "working" in office; it is all paid for by their constituents, the lowly US taxpayer. And yet, they continue to stick the rest of us with a Social Security system that they have plundered for uses other than what it was intended for, and they refuse to do the hard work necessary to clean it up. Instead, you can bet your next paycheck that their eventual "fix" will include higher taxes, reduced benefits and and a higher age of retirement. But you also bet that they will not touch their own plan, unless they do so to fatten it up even more.
2007-07-07
17:09:40
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8 answers
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asked by
maxman71
2
in
Elections