To: The United States House of Representatives and The United States Senate
Repeal all Congressional Pensions
Our country is having economic issues. Many state and local employees are having their pre-negotiated pensions, RE-evaluated and changed. Congressmen are paid from tax dollars. Their pensions should be re-negotiated as well. They do not work 40 hour work weeks, they do not have many of the daily costs experienced by taxpayers. Persons of the Congress would be more personally aware of the economic hardships Americans are feeling everyday. Please support this petition to reduce or adjust their pension plans, as other Americans are having to do.
Why is this important?
Currently Congress spends less time working that we who have full time jobs do.
As of October 1, 2010, 443 retired Members of Congress were receiving federal pensions based fully or in part on their congressional service. Of this number, 262 had retired under CSRS and were receiving an average annual pension of $69,420. A total of 181 Members had retired with service under FERS and were receiving an average annual pension of $38,460 in 2010.
This is higher than the national average.
Since so many other state and local employees have has their pensions decreased due to high burden on the tax payers, I believe Congress should receive the same treatment.
As of October 1, 2010, 443 retired Members of Congress were receiving federal pensions based fully or in part on their congressional service. Of this number, 262 had retired under CSRS and were receiving an average annual pension of $69,420. A total of 181 Members had retired with service under FERS and were receiving an average annual pension of $38,460 in 2010.
This is higher than the national average.
Since so many other state and local employees have has their pensions decreased due to high burden on the tax payers, I believe Congress should receive the same treatment.