CNN Exposes 'Lavish' Government Pensions despite Economic Crisis - WSJ.com
"'They can draw on their pension beginning at age 50; depending on the years of service they can get as much as 80 percent of their final salary, there are cost-of-living-adjustments added on, and they're still eligible to receive Social Security.'
Citing the analysis of the National Taxpayers Union (NTU), Sylvester used Sen. Chris Dodd, D-Conn., as an example of broken government. NTU, a nonpartisan taxpayer group that has worked under the guiding principle 'This is your money and the government should return it to you' since its inception, found that Dodd will have a starting annual pension of $125,500 when he retires next year."
"'They can draw on their pension beginning at age 50; depending on the years of service they can get as much as 80 percent of their final salary, there are cost-of-living-adjustments added on, and they're still eligible to receive Social Security.'
Citing the analysis of the National Taxpayers Union (NTU), Sylvester used Sen. Chris Dodd, D-Conn., as an example of broken government. NTU, a nonpartisan taxpayer group that has worked under the guiding principle 'This is your money and the government should return it to you' since its inception, found that Dodd will have a starting annual pension of $125,500 when he retires next year."
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