Biography house of representatives salary for life

Under federal law, they do not receive pensions equal to full pay, according to the Congressional Research Service CRS. The viral post makes the claim about the retirement benefits for members of Congress in an attempt to compare them to those of members of the U. It has been shared more than 32, times to date.

Biography house of representatives salary for life

However, members of the House and the Senate are not able to collect their full salaries as pensions when they retire, according to a CRS report updated in August The amount of the pension depends on length of service as measured in months and the average of the highest three years of salary. Viral Facebook post: Retired U. I think we found where the cuts should be made!

The post, which people were sharing and commenting on as recently as Jan. The post quotes numbers that align with the current salaries of officials in office. But it makes a big error by attaching the phrase "for life. What do the benefits actually look like for former presidents and members of Congress? The Former Presidents Act of established that former presidents are entitled annually to an amount "equal to the annual rate of basic pay, as in effect from time to time, of the head of an executive department" — that is, the base pay of a cabinet secretary, not their presidential salary.

Office of Personnel Management. The government will match contributions of up to 5-percent of pay for FERS employees. For CSRS employees, there is no government match. As for health care benefits, Members of Congress get their health care through the Affordable Care Act exchanges while in office. Once they retire, they can go through the federal employee health plan -- but would still pay a percentage of the premiums.

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