Thursday, February 11, 2010

How the US can save over $62 million per year!

It's time for more of my whacky numbers...numbers that you might not have given much thought to.

The average member of the US House of Representatives & Senate "earns" an annual salary of $174,00. The Majority and Minority leaders "earn" $193,00. The Speaker of the House "earns" $223,500. Add up these numbers.

Then there are pensions:

Members of Congress are eligible for a pension at age 62 if they have completed at least five years of service. They are eligible for a pension at age 50 if they have completed 20 years of service, or at any age after completing 25 years of service. The amount of the pension depends on years of service and the average of the highest three years of salary. By law, the starting amount of a member’s retirement annuity may not exceed 80 percent of his or her final salary. As of October 1, 2000, the average annual pension for members of Congress who have retired is between $52,464, and $46,932.

I haven't been able to ascertain the exact number of pensions are being drawn or the exact figures...but suffice to say, it's a large amount of OUR money.

In MY opinion, these folks are using US to live a lifestyle that most of US will never be able to afford. And WE are paying for it!

Do YOU think that these career politicians are worth this much? Do YOU think it's time for some serious political reform? Term limits? Salary reforms? If so, take a few minutes and contact YOUR representatives! Tell them that YOU DEMAND CHANGE!!!!!!

Or, you can sit back and watch OUR money go to waste. Once again, I'm just putting this info out there for you, my friends, to ponder....

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