The Annoyed Man wrote:And while they may pay into SS, they also get to vote themselves a retirement package that the rest of us would be jealous of, and that we pay for. AND, they do get to have a different healthcare package than the rest of us, despite snope's reporting.
Members of Congress are governed by the same Office of Personnel Management retirement rules as all Federal employees (including military civilians handed off to OPM at retirement). Differences exist for Fed employees (and congressional members) if CSRS (pre 1984 hires or electees) who don't pay SS and cannot collect SS but get an up to 80% of the avg of the last three year service monthly annuity after 20 years service -- and those hired or elected after 1983 FERS retirement where we paid SS and collect SS plus a much smaller retirement annuity (also based on the three year avg). Fed employees (and congress) contribute part of their pay toward the OPM retirement plan. The key component for any Fed employee is the ability to save additional money in an investment account (the Thrift Saving Plan) which is just like any 401K type plan - the more you put in (from your salary plus some matching) and the better you manage the investments, the more you will have when retirement comes around. It is just like any private sector job where there is a retirement plan, contributions to that plan, and a 401K plan availability and how much you are willing to put into it. And, just like most of the private sector, there is SS available, making it a three way package. Regarding the health care plans (and I know you state that Snopes is wrong, but you don't supply your data source), the FEHB plans available to Fed employees and congress are not a whole lot different than any private sector business that also offers multiple choices of plans to its employees based on negotiating the best plans and costs available - Fed employees and members of congress pay a chunk of the health care plan cost out of their salary - and as retirees, continue to pay out of the retirement annuity. And the extra costs - we pay co-pays, percentages of charges, and, when the insurance company denies a procedure - the entire cost out of our pocket. Congress does have some medical care available in the capitol office building but they pay an extra $300 or $600 a month for each member of house or senate for that (taxpayers DO pick up the remaining expenses of a couple million a year - and I agree, that is a perk they could do without).
Of course, if you are simply saying that your tax dollars pay the original salary of Congressional members (and by extension Fed employees (and military personnel)) and that is the basis of your argument that Congressional members have a better retirement and health care plan, then what would you propose as a change? Their better benefits are mostly because they earn a pretty high salary compared to the avg Fed worker or military person. Of course then there is the need to look at what the actual salary is (currently $174K a year), what the retirement benefits will be, and how does someone come into congress with nothing $$ wise, but then leave congress some years later with billions in their bank accounts - how does that work?? Maybe Congressional members should be paid by their home district and State rather than through OPM? I don't know how you would fix it - please enlighten me. A lot of Federal agencies have adopted a reimbursable system - that is, they use tax dollars to conduct the peoples business, but then through project reimbursement costs, permit fees, even costs of a stamp, the majority of those tax dollars are returned to the treasury. Maybe that should extend to all of the Federal government?