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Congressman Benefits In America - How Great! - Politics - Nairaland

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Congressman Benefits In America - How Great! by werepeLeri: 6:48pm On Jan 29, 2012
For those entering any of the 535 seats in the American Congress next year, here's a glance at the world of juicy perks coming their way:


Fun Money: The base salary for a member of Congress is $174,000. But all members enjoy access to a separate piggy bank known as their "allowance." This funding generally goes toward maintaining their offices and building up a legislative entourage. In the House, representatives are allowed to spend more than $900,000 on salaries for up to 18 permanent employees. They get about a quarter-million dollars more for office expenses, including travel, and additional funding for a well-known congressional perk known as "franking." Franking is the term for the mass constituent mail sent out by members of Congress and paid for courtesy of the taxpayer.

Senators enjoy the same privilege but get a much bigger allowance for their office expenses. According to a Congressional Research Service report, the average allocation for fiscal 2010 was more than $3.3 million. Personnel money varies depending on how big of a state a senator represents -- a senator from New York is going to get more than a senator from Montana. But for starters, each senator is given a $500,000 budget to hire up to three legislative assistants.

Nice Digs: A seat in Congress comes with office space -- lots of it. Not only do members move into an office on Capitol Hill, they maintain space in their home districts and states too. For senators, this benefit has a pretty high cap - up to 8,200 square feet. The CRS report said there is "no restriction" on the number of offices they can open in federal buildings in their home states. Plus senators get to shop at the equivalent of Congress' IKEA -- furniture supplied through the Architect of the Capitol. Every senator gets $40,000 -- and potentially more -- for furniture in their home-state offices.
Bonus Tax Deduction: Members of Congress can deduct up to $3,000 for expenses while outside their home districts or states.
Insurance/Retirement: All members of Congress can sign up for the same health plan and life insurance policy available to other federal workers. But there's more. In an age when the 401(k) often becomes a substitute for a pension, representatives and senators enjoy access to both. First, members of Congress can sign up for a 401(k)-style "Thrift Savings Plan," a tax-deferred investment in which members' contributions are matched up to 5 percent.

Then there's Social Security. Then there's the pension plan. The pension payments and eligibility vary -- in a nutshell, members are eligible for an immediate, full pension at age 62 if they've served five years or more; they're eligible at age 50 if they've served 20 years; and they're eligible at any time after they've served 25 years. The annual amount of the pension depends on a lawmaker's salary and the number of years he or she served -- typically the amount is considerably less than a lawmaker's outgoing salary.

Down Time: Perhaps there's no such thing as down time for a member of Congress, what with the constant shuttling back and forth between Washington and their districts, media appearances and constituent meetings. But the work week lately has been relatively sparse. The Senate has averaged about three working days on Capitol Hill - three-and-a-half if you count Monday nights. Plus there are several breaks, which Congress calls "work periods," penciled in the calendar throughout the year. This year, members of Congress returned to their districts for a Presidents Day break, a spring break, a Memorial Day break, an Independence Day break and a summer break. Congress is about to adjourn again until early November so members can campaign. Of course, that's good old-fashioned time off for senators not up for re-election this year.


Read more: http://www.foxnews.com/politics/2010/09/29/benefits-members-congress-shabby/#ixzz1ks245SZs
Re: Congressman Benefits In America - How Great! by efisher(m): 6:52pm On Jan 29, 2012
Compared to our legislators, who earns more?
Re: Congressman Benefits In America - How Great! by Nobody: 6:54pm On Jan 29, 2012
Chei! i'm gonna love how the op's gonna make a big foolery of himself. This one go sweet oh! Where are the gunners! grin
Re: Congressman Benefits In America - How Great! by Arosa(m): 7:03pm On Jan 29, 2012
Op, what is the point of this topic?
Re: Congressman Benefits In America - How Great! by violent(m): 7:06pm On Jan 29, 2012
what's the point?. . All their expenses and bonuses added together is not even enough to feed President Jonathan for a year!
Re: Congressman Benefits In America - How Great! by Arosa(m): 7:08pm On Jan 29, 2012
violent:

what's the point?. . All their expenses and bonuses added together is not even enough to feed President Jonathan for a year!


I see! carry on then.
Re: Congressman Benefits In America - How Great! by violent(m): 7:22pm On Jan 29, 2012
^^

I was referring to the OP not you smiley
Re: Congressman Benefits In America - How Great! by Arosa(m): 7:24pm On Jan 29, 2012
^^^ ok.
Re: Congressman Benefits In America - How Great! by werepeLeri: 9:08pm On Jan 29, 2012
Shoot yourself in the head if you want to know the point of an harmless topic? And beside, who is making a comparison? You are so filled with hatred that you cant just take a topic for what it just is - information.
Re: Congressman Benefits In America - How Great! by manny4life(m): 9:15pm On Jan 29, 2012
Listen to Fox news, and you know that you're in for it, Fox news just like Sahara Reporters are just one cord attaching to both of them, no difference in their ideology.

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