Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
"PensionAfter serving for five years, a member of Congress is eligible for a pension. Their retirement benefits depend on their plan, age and how long they served in Congress. A member of Congress can collect their full pension at the age of 62 or if they are age 50 with 20 years of service. Though it is a common belief that they can earn their full salary amount in retirement, this is not true. They can earn up to 80% of their final salary, though this high percentage is rare."
How many hours do Members of Congress work in a week? - Quora
It might shock the typical cynical anti-elite American, but according to the Congressional Management Foundation's 2013 "Life in Congress Study," members work about 59 hours per week while in DC and 70 hours per week in their home districts. They only spend about 15% of their waking time on personal and family time."
Would you work 59 to 70 hours a week for NO overtime pay?
Most haven't a CLUE about how congress works or the hours they work, the benifit packages, the time away from families etc.
Boo Hoo. I give 2 shyts.
How many People in the Medical Field, work every single Holiday, or Weekends, Miss out events with Family(I have, many times). Cry me a damn river.
No it's not. It is WAY over market. Also, the private sector supports itself, not funded by confiscated tax dollars.
Agree with your second statement, but since this is pure pandering, they had to go all out.
By that logic, private sector companies should not do business with the government, because they are paid in confiscated tax dollars.
So you think that defense contractors, internet companies, car companies, construction companies, and so forth should all give up their state and federal contracts?
Wow, I must have missed something. I worked for the Federal Government and barely got ten or twelve. Not even Father’s Day or Mother’s Day (Sunday’s) qualified. The author is either putting us on criminally out of touch with reality.
Feds haven't gotten full pensions since the old CSRS system was phased out in 1984 and the FERS system came in. FERS is a three-part plan consisting of Social Security, a Basic Benefit Plan, and the Thrift Savings Plan (TSP). The Basic Benefit Plan and Social Security require you to pay your OWN share each pay period. The TSP is an account your agency sets up for you and deposits and amount equal to 1% of the base pay for each pay period. Employees can also make contributions and believe me, if you don't, you will be sorely underfunded come retirement time. The TSP account, which is basically your 401K, is the biggest source of a Federal employee's retirement funds. There is no "pension" otherwise - it's the employee's own money with some matching help from the government.
I know 2 recently retired FBI agents, both ~60 yrs old, and they both have pensions that are crazy lucrative. They both made six figures before they had to retire due to age. The FBI doesn't let people over a certain age carry a firearm, and they both had to carry as part of their jobs in a terrorism unit.
That does not jive with what you are saying, but thx for explaining it.
I know 2 recently retired FBI agents, both ~60 yrs old, and they both have pensions that are crazy lucrative. They both made six figures before they had to retire due to age. The FBI doesn't let people over a certain age carry a firearm, and they both had to carry as part of their jobs in a terrorism unit.
That does not jive with what you are saying, but thx for explaining it.
My husband has a great state pension for the police department. But every month he put like $1000 into it from his monthly pay.
__________________ ____________________________________________
My posts as a Mod will always be in red.
Be sure to review Terms of Service: TOS
And check this out: FAQ
Moderator: Relationships Forum / Hawaii Forum / Dogs / Pets / Current Events
Because they're not comparable. Large organizations operate differently than small organizations. You may want to learn more about small and large organizations. The federal government's PTO offering is on par with other organizations considered large.
I've worked for big companies, smaller companies and government. My wife has been a government employee since the day we graduated college.
Quote:
Originally Posted by Du Ma
He thinks PTO should be exactly the same for a company with 20,000 people and a small company with 20 people. Wtf?!
Quote:
Originally Posted by Du Ma
I bet this TimEnchanter guy is self employed
Not even close.In case you missed my earlier statement, my company gives 21 days PTO, but there is no distinction between vacation days, sick days, etc. You get 21 total days. Also get 8 paid holidays.
Quote:
Originally Posted by gypsychic
DH was not a Federal employee, but worked for county. It was a great job with great pay and benefits, and now he is retired with a nice pension. Yes, he got lots of time off and he earned it, he worked HARD!
LOTS and LOTS of people work hard and do not get defined benefit pensions or lots of time off.
Quote:
Originally Posted by fishbrains
Average for people with one year of tenure. And to your point, that also means that some people get 20 days after one year.
Yes, but I am not forced to pay for a company's generosity.
Quote:
Originally Posted by fishbrains
That is correct. Although the longest vacation I have ever taken in a stretch is 3 weeks. I use the rest of my time in smaller chunks over the year.
I never was able to take more than 10 days off for the first 25 years of my current job. The last 7 years I've been able to do a couple of 15 days off vacations, but I usually work 2 hours a day half of the days I am "off".
Quote:
Originally Posted by fishbrains
I can carry over 12. I earned that leave of course, so why shouldn't I be able to carry it over?
Because the time off is for a given year. Time off is intended to reduce stress and increase productivity. It should be "use or lose it" to accomplish the purpose for which a company gives it.
Quote:
Originally Posted by fishbrains
Why limit it to non-military? After all, the military are federal employees as well.
Because the military is unique and rightly so. You get 60 days of leave a year or 120 days for SLA.
Quote:
Originally Posted by Du Ma
I remember back in early 2018 when the government shut down and federal employees didn’t get a paycheck for like a month. Some posters on citydata were saying “they signed up for it!”
I remember back when the government "shut down" and hardly anyone noticed a difference.
Quote:
Originally Posted by ChristineVA
Why? When I was in the private sector, they provided me with both short term and long term disability insurance. You do not get this as a federal worker.
You don't get it in the private sector. SOME companies may offer it, most do not. It is why people buy disability insurance.
The link you posted lists 11paid holidays each year. Who are the nn-educated again?
[/quote]I'd bet you even have Liberal Arts college degree from some state run public school.[/quote]
Probably given the poor level most state run public schools.
Quote:
Originally Posted by Quick Enough
"full pension after five years.....nice "work".
You are right, members are merely vested at 5years. It is at 10 years that they get a FULL pension if they are 60 or older. They CAN retire at full pension and benefits at 62 or older if they have 5 years in Congress and 5 years other federal employment, which could be military, Congressional staffer or executive branch work, for example.
That is much more generous than the private sector.
Quote:
Originally Posted by Quick Enough
Based on today's world in America, maybe we should scrap ALL religious holidays. No Christmas, Thanksgiving Good Friday, etc.
Good Friday isn't a federal holiday. Remind me again who are the un-educated?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.