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July 16, 2005
Legislators raise their own pension to $34,000/year +
Texas Legislators decided to give themselves a $6000 raise in their pensions. For a legislator what serves 12 years on a part time job that meets 140 days every two years, they can start drawing $34,000 a year at age 50.
For the rest of their lives.
This is more than some of their constituents make in a full year working full time trying to raise a family.
Most workers don't get a pension. Some lost it all during the Enron fiasco. Yet our part time civil service law makers are guaranteed to make more than the poverty rate for doing absolutely nothing after the age of 50. And using our tax dollars to do it.
Am I the only one not real happy about this? $34,000 sure seems like an unreasonable amount.
John Cobarruvias
Posted by John Cobarruvias at July 16, 2005 02:53 PM | Permalink
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Comments
John, this definitely needs to be a campaign issue for anyone running against our good friend John Davis. It would be nice to prevent him and anyone else who voted this bonus for themselves from receiving it.
Posted by: Mike Chappell at July 18, 2005 01:00 PM