Because Congress has set it up to where they:
Work at least 5 years and has to have paid into their retirement all of those 5 years in order to claim retirement. They are fully vested at end of 5 years, but they can not claim their retirement until age 50, or 20 years of service, or they may claim their retirement at anytime if they have worked 25 years or age 62.
I have worked since I was 12, on the books since 14, I have paid into SS 100% of my credits years back. I have not worked for five years however I have been working a total of 32 years (after deducting the past 5 years), and when I go back to work, I will be paying into SS again, even though I have already paid my credits worth. I can not receive what is owed me till I am 67, unless I take a huge cut at age 62. However, this Congress person can work 20 years and retire at 50, or draw retirement from only working five years at age 62.
The problem with the way they have set things up for themselves. As stated above all they have to do is work five (5) years and they have a guaranteed retirement. They take/average out three (3) of the highest yearly salaries and pay 80% of that. I wish I had a job, I knew I could work only 5 years at, remove myself and piddle round or work somewhere else (even if they have no retirement) and be guaranteed a retirement at 62 with benefits.
While the rest of the nation either has no retirement after years of service, or their retirement is canceled, oh and this one, they fire you using the RIF excuse and you totally loose everything.
I do not believe there should be ANY retirement plan for ANY government office. They should NOT be allowed to retire using our tax dollars. They should have to draw the same social security dollars we have too based on the same scale of credits and percentages ours is based on. And they should have to wait till 67 to draw or take a 30% decrease just like we do if they draw it at age 62.
This proposed 28th Amendment is great, and needs to be amended to read where no one is grandfathered in to be exempt:
"Congress shall make no law that applies to the citizens of the United States that does not apply equally to the Senators and Representatives; and, Congress shall make no law that applies to the Senators and Representatives that does not apply equally to the citizens of the United States".
“In this effective immediately any and all offices and officers sitting in a publically elected official slot past, present and future must adhere to the same laws as the law of the land”.
Using verbiage like this will not allow those in office now to say they are exempt because the law is new and they fall under the old law. It includes them. If added someway this amendment will cover all those now and in the future serving in any political office.
Janette Buchanan started this petition with a single signature, and now has 2 supporters. Start a petition today to change something you care about.