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 Congressional Pension Plans
Author: Ralph Wagner 
Date:   2002-08-21 19:34:33

I have been told that if a US congressman or US senator serves one term or more they are entitles to a lifetime pension, Is this true?

If so please tell me how much they would receive annually and or where I can go to find out that information.

PS. I am in Randy Cunninghams distict and have voted for him on several occaisions.

Please respond as soon as possible.

Thank You,

Ralph Wagner

 Re: Congressional Pension Plans
Author: Dan Anderson 
Date:   2002-08-21 21:50:02

No that's not true. They have to have 5 years of service to be vested in the congressional pension plan. A representative's term is only 2 years, so must serve 2 1/2 terms before becoming vested. A full pension occurs after 20 or 25 years of service, depending on age. For details, see the Urban Legends webpage at
http://www.urbanlegends.com/ulz/ss.html

 Re: Congressional Pension Plans
Author: Joe Salerno 
Date:   2004-08-23 11:28:31

so what you're saying is after 5 years they are vested for life? Waht is the rate for a 1st teer vested retiree?

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