Pension estimates show wide range for retiring lawmakers
Pensions for retiring senators and representatives vary from about 10 800 to 51 000 annually based on length of service and high three salary. The maximum 80 percent of the average occurs after 32 years. Officials note unofficial calculations and possible future pay raises.
MENTIONED IN THIS ARTICLE
Indi
Congress
Congressional
Unof
Ficial
Robert EB. Jonesi
Dala
Thomas E. Morgan
Dpa
Wilbur D. Mills
DsArk
F. Edward Hebert
D-La
Ray J. Madden
D-Ind
Phil M. Dandrum
Leonor K. Sullivan
D-Mo
John Jarman
R-Okla
Stuart Symington
Pension Gimmickry Attacked By Tax Foundation Report
The Tax Foundation says state and local government employee pension plans risk insolvency due to gimmickry. A year long study of 2000 plans shows 9.2 million participants, 1974 receipts of 16.5 billion, with 6.6 billion in benefits and withdrawals. Several states and cities face rising costs and funded gaps. experts warn of possible bankruptcy or major tax increases.
MENTIONED IN THIS ARTICLE
New York
Tax Foundation
Foundation
Philadelphia
Minnesota
Ohio
Massachusetts
New York City
Dha
Atlanta
Elsie Watters
Brandy Named Official State Spirit of California
California designates brandy as the official state spirit in a formal resolution presented by Secretary of State March Fong Eu. The move includes a controlled appellation requiring California Brandy be made from grapes grown only in the state.
MENTIONED IN THIS ARTICLE
San Francisco
UPIL
California
March Fong EU
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Mike Mansfield
Dmont
Hugh Scott
R-Pa
Carl Albert
Goldbergs
Kelvinator
CC Uma Ee
Electrobrand Stereo
Zenith
BAR! Ensemble
Spe
Metta
Pension
Brandy