General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forumsa petition to ban pensions for federally elected officials
congress was never supposed to be a career. Its time to ban pensions for federally elected officials (congress and the president). let them serve their terms and then get a real job
http://wh.gov/NWLS
Downwinder
(12,869 posts)rdking647
(5,113 posts)CreekDog
(46,192 posts)you know, the thread where you wanted Pelosi and Reid to resign because Republicans wouldn't agree with them?
what's up? playing with us?
http://www.democraticunderground.com/10021907522
rdking647
(5,113 posts)i didnt bother.....
CreekDog
(46,192 posts)blaming Democrats for Republicans not agreeing with them.
blaming Democrats because Republicans won't agree to raise taxes on the wealthy and blaming Democrats because they won't agree with Republicans to shred the social safety net.
no wonder everyone thought you were a Republican.
rdking647
(5,113 posts)im not a blind partisan. claiming that the GOP is 100% responible is just blind partisanship
CreekDog
(46,192 posts)sure you are or aren't. whatever.
Ken Burch
(50,254 posts)(if you feel like answering, send me a pm, so whatever it is doesn't get you in trouble here as well).
Downwinder
(12,869 posts)Last edited Tue Dec 4, 2012, 03:25 PM - Edit history (1)
they should make provisions for euthanasia pills. Then I asked for a response. I got a response from a suicide hot line. I could not get in after that and when I requested a password recovery nothing came. I still contend that a pill would be better than starvation.
exboyfil
(17,863 posts)I think a good compensation package helps to emphasize that they are the people's servents. On the flip side you could change their pension to a defined contribution one. That would give them good portability for leaving.
If you want to limit their terms, then limit them.
rdking647
(5,113 posts)former-republican
(2,163 posts)No life time pensions should ever be provided by tax payers.
CreekDog
(46,192 posts)what about workers who have been working for 30 years on the agreement that they would get a pension?
oh, but maybe you aren't a former republican.
former-republican
(2,163 posts)Oh that's fucking original.
Did you think that up all your self..............
CreekDog
(46,192 posts)everyone at DU was on a committee that wrote it.
former-republican
(2,163 posts)The government should not be able to cancel anyone who has been hired under the current contract.
But federal pensions need to be eliminated . I don't want to hear the bullshit about serving and making less
money than a private sector job. If someone thinks they can make more money in the private sector
have a ball and go find a job .
The government will have no problem filling positions that are needed.
Pay into social security , have a 401K just like everyone else.
It is obscene that a person can work for 20 or 30 years and be paid a pension on tax payers dime for an additional
25 or 30 years or how ever long they live.
CreekDog
(46,192 posts)there are whole groups of workers that cannot invest in energy companies, or financial companies directly.
also most government workers are covered by ethics rules that prevent a lot of consulting or side work in their field.
i think you're posting an anti-progressive thing.
former-republican
(2,163 posts)They wouldn't be doing it directly.
They are not picking individual stocks.
(the employee)
CreekDog
(46,192 posts)so that won't work.
former-republican
(2,163 posts)CreekDog
(46,192 posts)therefore your advice is crap.
The maximum amount a person can contribute to his or her is set each year by the IRS after taking inflation into account. For the year 2013, people can contribute up to $17,500 as an elective deferral to their employer's 401(k) plan. Additionally, if you are age 50 or older, you can contribute an additional catch-up contribution of $5,500.
401(k) Contribution Limits by Year
For 2013: $17,500 ($23,000 if age 50 or older)
For 2012: $17,000 ($22,500 if age 50 or older)
For 2011: $16,500 ($22,000 if age 50 or older)
For 2010: $16,500 ($22,000 if age 50 or older)
For 2009: $16,500 ($22,000 if age 50 or older)
The 401(k) limit applies to all 401(k) accounts you might have for the current year. If you work at two or more jobs or switch jobs in the middle of the year, then you may need to track your 401(k) contributions yourself to ensure that you don't contribute over the limit.
former-republican
(2,163 posts)Do you know why those limits are set?
TAX REASONS
get it now...
Or do I have to explain why someone can't put as much as they want in a 401k?
elleng
(130,916 posts)can't be seen as playing on their 'inside' knowledge. Husb works at SEC.
CreekDog
(46,192 posts)if you're saying that people in government are always allowed to invest everywhere --you are wrong.
different parts of government have prohibitions on certain types of investments.
liberalhistorian
(20,818 posts)between "federal" pensions and those for state and municipal public workers. A HUGE difference. And second, do you include lawenforcement in that, whose jobs often leave people physically and/or mentally drained or incapacitated after twenty years? And do you include your beloved military in that also, since career military are the ones who take the most advantage of being able to retire early with a full pension and benefits? I don't resent public workers at all, I resent four billion dollars of my tax money going to the military EVERY FUCKING WEEK. Why don't people like you ever complain about THAT bullshit and tax waste?
former-republican
(2,163 posts)No more pensions on tax payer dime ..period
former-republican
(2,163 posts)You ever see a private sector auto mechanic after 20 years or 30 years? Hands and knees are shot.
How about a private sector mason ? Or a private sector electrician who can't move his hands anymore from stripping wire after 20 years.
Those jobs aren't noble enough for you? They have to be in law enforcement to deserve a tax payer funded pension?
No one deserves one unless it's for everyone......
hfojvt
(37,573 posts)since at least 1985 when I was hired by the federal government as a GS-7 at Hill AFB.
The federal pension, which was another 2% or 2.5% taken out of my paycheck, and probably was NOT THAT good. Being 24, I did not look into it. I just took my money out after I quit.
liberalhistorian
(20,818 posts)They pay a good amount each paycheck into their own damn pension, it is NOT free. And they work damned hard serving the public for it also, doing jobs and services that need to be done and that would cost taxpayers a helluva lot more than they could afford having to do it all and pay for it all themselves. There shouldn't even be such a thing as a 401(k), you can work for decades and have it all gone through a couple of mouse clicks of Wall Street players.
And they often aren't sitting on "easy street" or some such republican myth horseshit, either (that would be the aforementioned Wall Street goons playing with other people's money that the RW's seem to love so much). My parents worked for forty years and now most of their pensions goes to pay for his nursing home care (that he needed when he was only in his early sixties before he could even enjoy retirement) before Medicaid kicks in its share, and mom is a virtual pauper who got shit for her decades of hard work because of that. Screw anyone who would call them moochers or resent the pensions they worked for and paid into.
former-republican
(2,163 posts)liberalhistorian
(20,818 posts)who gets nothing after working her ass off for forty fucking years. And Wall Street/corporate executive pay far exceeds what they ever put into them or actually do to "earn" them (which is sit back and enjoy the hard work of the employees who get it for them) and corporate profits are at the highest ever with the corresponding lowest ever wages. But I don't see you complaining about that. No, it's more fun to blame everything on the worker drones.
WinniSkipper
(363 posts)it was 2% employee contribution, 8% State contribution
elleng
(130,916 posts)so we can continually be paid.
CreekDog
(46,192 posts)at least you could come together to support each other in this position right here.
imagine that!
Xithras
(16,191 posts)That's a solid upper middle class income, and like others in their income bracket, they can fully afford to fund their own retirement. Very few American white collar professionals in that income range recieve pensions.
Who knows, it might make them a bit more sympathetic when writing laws that impact OUR retirements.
exboyfil
(17,863 posts)They have to live their lives with the understanding that they can likely be fired in 2 or 6 years.
I agree with making their retirement compensation defined contribution (I think all pension plans should be structured in that fashion over time). Defined benefit, like Social Security, relies on the future behavior of the granting organization - obviously can be dicey.
I am back to my point that I would like to get talented individuals who are not rich in Congress. Compensating them well while they are there is a small price to pay to open up that opportunity.
former9thward
(32,012 posts)No they don't. No one forces them to run for office. And most people do not have the guarantee of 2 years or 6 years of good employment. Most people can be fired tomorrow. Also they all have office expense accounts so they are not using the 174k for most of their expenses. That said I do agree with your last sentence. Elimination of pensions would just mean only the rich could serve in Congress.
PSPS
(13,599 posts)MotherPetrie
(3,145 posts)sector employees.
PSPS
(13,599 posts)He was saying we should strip "federally elected officials" of pensions. I presume he was referring to congress and this would be a way to "punish" them for their stance on retirement security for the rest of us (i.e., slashing medicare, Social Security, etc.)
I was pointing out that, given the corruption of our congress these days, the last thing they rely on is their salary and retirement afforded them by their office. They feed on the mega bucks that have corrupted them.
msongs
(67,406 posts)CreekDog
(46,192 posts)they aren't wealthy, they work hard, they work for people of modest means.
i don't get it.
and i don't get the hate against government workers, who do mostly have to retire based on their 401k and social security since their pensions (federal) are small.
WillyT
(72,631 posts)He served 2 years.
Scott Brown of Mass. Fame should get 4 years.
The person who spent a "lifetime" in congress should be fully covered... within reason.
madinmaryland
(64,933 posts)of teabagger fame!!
WillyT
(72,631 posts)madinmaryland
(64,933 posts)Joe doesn't pay any of his child support payments (even though he DOES remember them).
Bozita
(26,955 posts)Mighta been a typo.
Gidney N Cloyd
(19,837 posts)In my system it takes something like 7 years. You leave before that and they refund your contributions.
Silver Swan
(1,110 posts)like other Federal pensions in that they require five years of work in order for the worker to be vested. Walsh's two years won't get him a Federal pension, but he also earned social Security credit for those years.
proud2BlibKansan
(96,793 posts)All workers deserve a pension. What an absolutely ridiculous idea. Only the very wealthy would be able to afford to serve in Congress.
CreekDog
(46,192 posts)if the problem is that some people don't get pensions, then the solution is to make sure everybody gets pensions --not to take them away from people who do. jeez.
i see this kind of logic on DU sometimes. somebody is getting some benefit, even if they get it from employment --so the thought is that to make it fairer, we have to take away the benefit rather than make sure others get a similar benefit.
by this way of thinking, we're going to have to knock everyone down to minimum wage and no benefits to solve all our problems and i don't think that's sensible.
proud2BlibKansan
(96,793 posts)It used to be that public employees had good pensions and benefits but the trade off was lower salaries. Most of us understood that was how the system worked. But now we have this attitude that public employees are overpaid and have better pensions than any other workers. And teachers have tenure which means you can never fire them.
The misconceptions are alarming, especially from progressives.
CreekDog
(46,192 posts)and some progressives are fooled, however...
in this case, I'm not so sure that the people here advocating this aren't Republicans or conservatives anyway.
proud2BlibKansan
(96,793 posts)Jeff In Milwaukee
(13,992 posts)Pensions for Civil Service employees? Sure. Firefighters and police officers? Of course. Teachers? Duh! Yeah.
Some Super PAC-supported bagman who will collect a fortune as a paid lobbyist? Uh. Not so much.
Want a pension? Don't go into politics.
proud2BlibKansan
(96,793 posts)All workers deserve a pension. Shouldn't matter how they got the job.
Jeff In Milwaukee
(13,992 posts)Elected officials go to Washington after first proving their merits in the public or private sector (where they likely earned a pension), spend a brief amount of time in the Capitol, and then go back to private life.
Pensions assume that you're going to hold the job long term. Politics shouldn't be a career.
former-republican
(2,163 posts)Why do you think they deserve them?
CreekDog
(46,192 posts)private and public sector workers alike.
former-republican
(2,163 posts)CreekDog
(46,192 posts)you do.
former-republican
(2,163 posts)It's for everyone or for no one.
Since I like dealing in reality and not wishful thinking like ponies and balloons for everyone.
You post supporting every private sector worker in the U.S having a pension.
See that's not going to happen. Just like every kid won't have a pony for Christmas either.
We can't make the private sector pay pensions anymore..that's not going to happen.
You know it and I know it..
So I'm quite clear in what I support.
But as I said you feel that some are better than others.
I don't feel that way and neither should you unless ... pray tell you are one of the nobles getting a tax payer funded pension
CreekDog
(46,192 posts)you called him elitist after he explained that it was cheaper when he was working but he said he was on cobra and that means he lost his job and has been covering the cost, probably out of money he doesn't have while trying to make a living by being self employed.
and you called him an elitist.
i really don't think you like liberals.
former-republican
(2,163 posts)receiving a taxpayer sponsored government pension on the backs of the working class that are struggling to make ends meet .
The working class that receive no pensions or will ever have an opportunity to receive one.
People that have a mind set as your self are neither progressives nor Democrats.
People like you are all about ME and the hell with the rest of the blue collar workers in this country.
I deserve it is you mentality , it doesn't matter about anyone else.
You are part of the problem not the solution. How does that feel?
And
As for the link you posted the members can read the thread and decide who's side I'm on
Jeff In Milwaukee
(13,992 posts)They take the job under the reasonable assumption that it will (or could) last until retirement. And they are also represented by labor unions that negotiated for those rights.
No elected official should EVER take the job with the assumption that it will be his or hers for life.
rdking647
(5,113 posts)thats what a paycheck is for...
Matariki
(18,775 posts)and see how fast there is suddenly plenty of money to increase benefits.
MotherPetrie
(3,145 posts)Matariki
(18,775 posts)Which is: if Congress had any sort of stake in what the majority of the country will be living on in their old age - that system would be a hell of a lot more secure and robust.
TheKentuckian
(25,026 posts)I don't believe most should be reelected but that is the choice of the voters.
Always the "conservative" mind seeks to bring down that build up. I should have that too doesn't seem to come to mind because if I don't have it, why should they runs the show.
MotherPetrie
(3,145 posts)kentauros
(29,414 posts)while also drawing a federal pension?
CreekDog
(46,192 posts)and to let them live conflict of interest free.
Jeff In Milwaukee
(13,992 posts)Elsewhere I've posted that I'm opposed to pensions, but I could get behind the idea if the individual were truly "retiring" from politics.
Ken Burch
(50,254 posts)to cease exempting itself from all the laws it passes...a tradition that means, among other things, that Congressional staffers and employees of Congress(the second group includes groups like the custodial staff, the folks who run the cafeteria, et.al.,)have almost NO protections under federal labor law.
That's a tradition that HAS to be brought to an end.
wickerwoman
(5,662 posts)It's so much better to have a revolving door between Congress and industry and to ensure that the only way elected officials can make any real money is by passing legislation they can profit off of when they go to work in that industry a few years later.
It's not like serving in Congress or being President involves any kind of learning curve. The faster the turnover the better. Why benefit from experience or working relationships built up over time? We need a Congress that runs more like a McDonalds with new fry cooks every three weeks.
Jeff In Milwaukee
(13,992 posts)We now have "retired" congressmen taking their pension AND six-figure salaries to by lobbyists. So it's not like giving them a pension make them any more honest.
And you know what? McDonalds seems a hell of a lot more efficient than Congress. "Sorry, we can't give you the Big Mac you wanted because the cook is filibustering your order."
rdking647
(5,113 posts)wickerwoman
(5,662 posts)do you want your brain surgery performed by someone who does a two year rotation and then goes on to something else, or do you want it performed by someone who has done the same job for 30-40-50 years?
I think we forget in America that legislating- creating laws that have huge impacts on millions of peoples' lives- actually involves a bit more than writing your first thoughts down on a piece of paper and screaming bloody murder until everyone else accepts them. You need to understand the technical side of the issue, understand people's values in respect of it, forecast what the future impact will be, weigh all of the possible alternatives to see if your proposal is the most efficient and effective, understand how the proposal will sit within the context of other federal laws, state laws and international treaties and obligations, call on a network that can take decades to develop to find support, know how to negotiate effectively for a good outcome, etc.
Why do we have gridlock in Congress? Because we elect yahoos every two years whose only priority is getting reelected- not on proposing real solutions, learning about and understanding the issues in an intellectually honest way, working together, learning from the mistakes, building relationships, etc.
We had more effective governance before the fad for term limits came in in the 1990s. If the people wanted to elect Roosevelt ten times in a row that should have been their prerogative.
CreekDog
(46,192 posts)the discharge petition would require the House to vote on the president's request to continue the tax cuts for those making less than 250k/year.
Im calling for harry Reid,mitch McConnel,Nance Pelosi and John Boehner to resign.
they are the leaders of congress. the have all failed to lead.
so resign. now.
LeftInTX
(25,343 posts)He banned it for all the other state workers a few years ago but he gets a pass because he "switched" jobs. (He went from one elected job to another)
Go figure. Only Rick Perry.
My husband works for the state. And Perry has screwed with our pensions big time.
lonestarnot
(77,097 posts)aquart
(69,014 posts)What I would do is put all pensions in the same, SACRED pot. If one is raided, all are diminished. And give shark teeth to the enforcement.
forestpath
(3,102 posts)And they have already taken a number of hits.
CreekDog
(46,192 posts)forestpath
(3,102 posts)CreekDog
(46,192 posts)hey, you asked.
rdking647
(5,113 posts)theres a deifference between them and federal employees
former-republican
(2,163 posts)It is the end result that is significant.
No one should have a government sponsored pension by tax dollars unless all
workers in this country have the same opportunity.
This is the epitome of a society and mind set as is evident by some posters in this thread that it deserved .
All about me . That is such an obnoxious and self centered entitled thought process that it sickens me.
Saying I think all workers should get one also in the private sector but damn well knowing that will never happen
is the same mentality as the 1% have in this country.
ALL about me and the hell with the working class.