1. No Tenure / No Pension.
A Congressman/woman collects a salary while in office and receives no pay or any other benefits when they’ve completed their term in office.
2. Congress (past, present & future) participates in Social Security.
All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system, and Congress participates with the American people. It may not be used for any other purpose.
3. Congress can purchase their own retirement plan, just as all Americans do. Continue reading →