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06-17-2011, 11:28 AM #1
Weiner’s Pension, Benefits Could Top $1 Million
RollCall
By John Stanton
Weiner’s Pension, Benefits Could Top $1 Million
While Rep. Anthony Weiner may no longer have the benefit of Congress’ generous health care plan once he resigns, he will still be able to collect his pension and other benefits that could total more than $1 million during his lifetime.
According to an analysis of his available benefits by the National Taxpayers Union, the New York Democrat’s pension and a savings plan lawmakers have access to similar to a 401(k) could be worth $1.12 million to $1.28 million.
At 46, Weiner will not be eligible for his pension for another decade, at which point he could begin drawing a reduced rate of $32,357 a year, according to NTU. If he waits until age 62 to begin drawing his pension, he will receive his full benefits, or $46,224, according to NTU’s calculations.
Additionally, if Weiner aggressively invested in the Thrift Savings Plan, his balance would be roughly $216,000, the organization said.
Weiner announced Thursday that he would resign from the House in the wake of a sexting scandal that had engulfed the liberal firebrand for weeks and distracted his party.
http://www.rollcall.com/news/Anthony-We ... 561-1.html
As of Thursday evening, however, Weiner had yet to actually resign and would technically remain a Member of Congress until next week at the earliest.
Source: http://www.rollcall.com/news/weiner_pen ... 582-1.htmlJoin our FIGHT AGAINST illegal immigration & to secure US borders by joining our E-mail Alerts at http://eepurl.com/cktGTn
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06-17-2011, 11:31 AM #2
Re: Weiner’s Pension, Benefits Could Top $1 Million
Originally Posted by HAPPY2BME
Only in Amerika do we reward reprobates who are forced to resign from office a lifetime pension worth ANYTHING, let alone a million dollars.Join our FIGHT AGAINST illegal immigration & to secure US borders by joining our E-mail Alerts at http://eepurl.com/cktGTn
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06-17-2011, 11:39 AM #3
And yet they worry about giving seniors $14 per month SS increase.
I'm old with many opinions few solutions.
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