I just recieved something in the mail from Citizens for a Sound Economy. The letter that came with it claims Congressmen do not pay into Social Security as we do, but have their own “lavish pensions” paid by “US taxpayers”. CSE claims payment is based on length of time spent in congress, so the longer someone is in office, the more they get in pension. Here is more of what the letter claims (I hope I’m allowed to do this):
“Congressional pensions provide double to triple the benefits offered by most private employers.”
“Many retired politicians-even those convicted of a felony-will rake in more than $1 million and some could draw more than $2 million! (Fast Fact Your social security benefits are not secure. They could be slashed at any time!)”
The felons listed are: Dan Rostenkowski, John Dowdy and Gary Condit (Condit was never charged with anything, was he?)
CSE is also asking for a “generous gift” up to “$500”!
Here is a link to the website: www.cse.org I didn’t thoroughly check the site. The whole text may be on there. I also checked the BBB but found nothing.
I’m very sceptical of this. They were vague on who they are, but the website seems to reveal them. What really got me was the request for contributions. I don’t believe their claims about the congressional pensions.
I believe the question about congressional pensions vs. social security has been addressed on this board before or by Cecil.